Wright Sends Letter to Treasury & IRS on Economic Impact Payment Delays
Washington, D.C. – Yesterday, Congressman Ron Wright (R-TX) sent a letter to Secretary Steven Mnuchin and Commissioner Charles Rettig searching for answers on why many Americans have still not yet received their economic impact payment authorized in the CARES Act:
“For months, far too many Americans, who are already struggling under the weight of COVID-19 and the resulting economic downturn, have faced delays in receiving these critical payments. Unfortunately, even with the involvement of caseworkers, the Internal Revenue Service (IRS) is unable to provide any information as to why these payments have not been issued. Worse still is the IRS estimate that those still waiting on their economic impact payment will likely be waiting for another year,” writes Congressman Wright.
“While I understand that implementing the CARES Act was an incredible undertaking, it is unconscionable that months later millions of Americans still do not have the payments they need to weather this pandemic and that the best estimate for when they will receive them is a year from now. With another round of economic impact payments more than likely, it is paramount that the Department of the Treasury and the IRS quickly address these delays by determining and communicating their cause and issuing outstanding payments as soon as possible. Furthermore, I worry that if problems associated with this round of economic impact payments are not resolved, my constituents will face similar delays with future payments. To that end, I urge you to take swift action so that my constituents can receive the answers and assistance to which they are entitled. Additionally, I would like to know whether the Treasury and IRS intend to continue issuing payments this year.”
Read the full letter here.