Additional Coverage:
Donald Trump’s victory in the recent election has sparked false claims on social media that Americans will receive new stimulus checks. However, these claims are completely unfounded.
The Biden administration has not promised any new stimulus payments, and Trump will not take office until 2025. The Internal Revenue Service has also confirmed that all previous stimulus checks have been issued.
The false rumor stems from concerns about the economy, which was a major issue for voters in the election. Stimulus checks were issued during the COVID-19 pandemic, but there are no plans for additional payments.
Social media platforms are not a reliable source for financial information. Scammers often use these platforms to spread false claims and promote fraudulent schemes. It’s important to verify information with trusted sources, such as the IRS or tax professionals.