The Treasury Department said it has sent out 7.708 million economic stimulus payments, or tax rebates, in the first week, totaling $7.091 billion.
The payments began April 28 via direct deposit. Paper checks will be in the mail starting May 16. For single filers, the payments range from $300 to $600. For joint filers, payments range from $600 to $1,200. There is also an additional $300 payment for each qualifying dependent child.
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