Americans Seeing Stimulus Payments Hit Bank Accounts

The Act of 2021 aims to boost the COVID-19 affected U.S. economy by prioritizing working people. It includes $1400 direct deposits for eligible individuals, additional child benefits, and extended unemployment support. The IRS will determine amounts based on 2019 or 2020 tax returns. Critics argue the $1.9 trillion package is too costly and could harm the country's future.

What is the primary purpose of the Act of 2021 as described in the text?

How much financial assistance is provided to eligible individuals under the Act?

What are the additional benefits provided for families with children under the age of 6?

What factors should individuals consider when determining their tax returns for the IRS?

What concerns do critics have regarding the $1.9 trillion package?