So who is gonna pay for it?
Effing government man is a con man. He is taking your tax credit for next year 2020 and pay you now. So that means you all may owe tax when you file your tax next year. Think of it as giving you first and the irs will collect it back later.
"Do you have to pay back the stimulus check?
No. The stimulus payment is actually a refundable credit against your 2020 tax liability, according to Kyle Pomerleau of the American Enterprise, and is paid out as an advanced refund. That means you don’t have to wait to file your 2020 taxes to get the money."
https://money.yahoo.com/coronavirus-stimulus-checks-irs-tool-lets-you-track-the-money-to-your-household-145659731.html
The reason why i think the yahoo writer is wrong
Is because
1. SSI: folks who don’t file taxes in years, got the money
2. They probably not going file 2020 (why start now)
Who know???
They rush this bill
My best guess is
They will try to raise tax, cut spending, etc,,,