Clyburn Demands Answers from IRS, Treasury on Outstanding Stimulus Checks
Washington, D.C. (July 8, 2020) — Today, Rep. James E. Clyburn, Chairman of the Select Subcommittee on the Coronavirus Crisis, sent a letter to Treasury Secretary Steven Mnuchin and Internal Revenue Service Commissioner Charles Rettig asking why millions of Americans are still waiting to receive their Economic Impact Payments (EIPs).
“Given that the intent of these payments was to swiftly put money in the pockets of struggling Americans to help them meet their essential needs while supporting the nation’s economy, I am especially concerned that the eligible recipients still awaiting these payments are disproportionately low-income,” the Chairman wrote. “Accordingly, as the economic crisis caused by the coronavirus outbreak deepens—and may get worse as infections surge in many parts of the country—the Select Subcommittee is writing to seek information about the Americans still awaiting federal relief and what the Administration is doing to expedite these payments.”
According to one estimate, 12 million Americans are likely still waiting for their EIP, as they did not meet the criteria for IRS to automatically issue it. Many of these individuals are “non-filers” with incomes of $12,200 or less per year who have an acute and urgent need for direct federal support during the pandemic.
In a report published last month, the National Taxpayer Advocate stated that many people had either not received their full EIP amount or had not received an EIP at all, warning that without swift action, many would not receive their payment until 2021.
“Your agencies recently announced that they would deliver an EIP debit card by mail to approximately 4 million eligible recipients,” the Chairman continued. “However, reports have identified significant problems with the delivery of EIPs, including multiple payments sent to a single recipient, failures to include the correct payments for qualified dependent children, payments sent to incorrect bank accounts, recipients unable to have payments electronically deposited into their accounts, and payments sent to deceased individuals.”
The letter requests that the IRS and Treasury produce responsive information by July 22, 2020.
Last week, Chairman Clyburn renewed his request to the White House to release key unemployment and economic projections so Congress can seek solutions to help struggling Americans and prevent further economic damage.
Click here to read today’s letter to Secretary Mnuchin and Commissioner Rettig.