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Illustration: Eniola Odetunde/Axios

The IRS will begin mailing paper stimulus checks to Americans in early May, MarketWatch reports, citing the House Ways and Means Committee.

What's happening: Low-income households will receive checks first as the IRS mails 5 million per week. But the committee's timetable shows that all checks will not be mailed until the week of September 7.

What you can do: Check the status of your coronavirus stimulus payment on the IRS website and sign up to get the money via direct deposit with your bank information — even if you didn't file taxes in 2018 or 2019.

Go deeper: Americans without IRS direct deposit may not receive stimulus checks for months

Go deeper

White House, Democrats no closer to reaching coronavirus stimulus deal

Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi took the standoff on the next coronavirus stimulus package to ABC's "This Week" on Sunday.

Why it matters: Enhanced unemployment insurance expired for tens of millions of Americans on July 31, while those in talks to secure the next coronavirus stimulus package have made it clear that a deal is a long way off.

What's next in coronavirus stimulus negotiations

White House Chief of Staff Mark Meadows (C) and Treasury Secretary Steven Mnuchin (R) depart from a meeting with Senate Republicans on the latest stimulus bill, July 29. Photo: Caroline Brehman/CQ-Roll Call, Inc via Getty Images

Politico's Playbook, which has published numerous scoops from inside the COVID-19 stimulus negotiations, reports the latest from Capitol Hill:

The big picture: "There are a set of policy areas where stumbling blocks remain. Democrats want new money for the Postal Service, new money for elections and nearly $1 trillion for state and local governments. Republicans seem open to USPS money to address operational shortfalls, but they are a hard no on money going to a new mail-in balloting system."

Top Fed official: Short, sharp coronavirus lockdown will enable recovery

Minneapolis Federal Reserve Bank president Neel Kashkari in New York City last October. Photo: Roy Rochlin/Getty Images

A top Federal Reserve official told CBS Sunday that a "really hard" four- to six-week lockdown could benefit the U.S. economy as Congress "has the resources to support those who are most hurting" during the coronavirus pandemic.

Details: Minneapolis Federal Reserve Bank president Neel Kashkari said a short lockdown "could get the case count down so that our testing and our contact tracing was actually enough to control it the way that it's happening in the Northeast right now."

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