When will the third stimulus check be sent?

 House to pass Biden's COVID bill with $1,400 Stimulus check payments today.

President Joe Biden plans to use the $1.9 trillion Covid-19 relief bill as a platform for a generational transformation of the economy. The bill is expected to pass Congress on Wednesday. Passage of a bill of this scale and ambition two months into any new president's term would represent a power-affirming win. Biden ran for election pledging to send stimulus payments to millions of Americans and to secure money to fund the return of kids to school, while speeding up the pace of vaccinations. The relief bill is broadly popular, and Biden's approval rating tilts positive around 50 days after he took the oath of office, according to a CNN poll. But the political payoff for Biden of his first legacy achievement may be even greater, with the bill expected to be his first major legislative achievement. The American Rescue Plan is intended to do far more than simply stimulate the economy, with tax credits for children and low-income workers.

The bill aims to fulfill Democrats' campaign promises to beat the pandemic and revive the economy. The measure so closely tracks Democrats' priorities that several rank it with the top achievements of their careers. House and Senate Republicans have unanimously opposed the package as bloated, crammed with liberal policies. "It's a remarkable, historic, transformative piece of legislation," House Speaker Nancy Pelosi, D-Calif., says. The bill is essentially a canvas on which they've painted their core beliefs, Democrats say.

Most voters care little that the national debt is soaring toward a stratospheric $22 trillion. Neither party seems much troubled by surging red ink, either, except when the other is using it to finance its priorities. A dominant feature of the bill is initiatives making it one of the biggest federal thrusts in years to assist lower- and middle-income families.

Democrats and Biden want to have the stimulus plan approved by March 14. That's when unemployment assistance and other pandemic aid expires. If the bill is passed Wednesday and signed right away, then it will get done four days ahead of that mark. Americans could start receiving stimulus checks from late March to early April if the IRS is able to keep with previous timelines. It's unclear how big of an impact that could make on stimulus checks going out. The package contains tens of billions of dollars to facilitate the vaccine rollout. It includes $1,400 checks for individuals making less than $75,000 annually and $130 billion for schools.

View of the Pentagon.