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Many Americans that receive extra Social Security benefits for low-income aged, blind or d
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isabled people are likely toreceive their stimulus payments today or through the mail beginning on Friday, according to the Social Security Administration.Some 8 million people get Supplemental Security Income, many with disabilities that typically prevent them from working. Theaverage monthly benefitis $541. That means the stimulus payments mdash; authorized under the $2.2 trillion Coronavirus Aid, Relief and Economic Security Act to offset the impact of the coronavirus pandemic mdash; amounts to a significant cash influx for most SSI recipients.The stimulus payments are $1,200 for single people who earn less than $75,000, while married couples who earn
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less than $150,000 will receive $2,400. Children under 17 are eligible to get $500. Although experts say government money should help people in the short term, simply distributing the funds in a timely way has proved problematic. The Social Security Administration this month published a seven-page how-to for Social Secur
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ity recipients, which provides guidance on which steps beneficiaries should take to make sure they get their payments.Among the tips from the Social Security Administration is guidance on when SSI recipients who don t file tax returns will start receiving their payments. You should receive your $1,200 payment in the same way you receive your monthly SSI payment: Direct Deposit a Lctm Obama May Propose New Tax on Banks
Sen. Joe Biden spent his first day as an official presidential candidate explaining why he had described Democratic rival Sen. Barack Obama as clean, and why he had dissed Sen. Hillary Rodham Clinton and John Edwards.The six-term Delaware lawmaker, who has said for months he d be a candidate in 2008, formally establish his presidential committee Wednesday and launched a campaign Web site. It s the second presidential bid for Biden, who pursued the White House in 1988.But in
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a conference call with reporters to discuss his candidacy, Biden was peppered with questions about remarks he made to the New York Observer, a weekly newspaper. In the
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article,
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published Wednesday, Biden harshly criticized Clinton and Edwards for their proposals to end the Iraq war. He also questioned the credentials of another leading candidate, first-term Illinois Sen. Barack Obama, while calling him a mainstream African-American who is articulate and bright and clean. Biden told reporters that he d used the word clean to describe Obama as fresh and new, and that the choice of words was not meant to disparage other black candidates who d run for president in the past, such as civil rights leaders Jesse Jackson and Al Sharpton. Obama, Biden said, is probably the most exciting candidate the Democratic or Republican parties have produced since I ve been around. He s fresh, new, smart, insightful. Lightning in a jar. Biden also said he d called Obama afte