Updated Apr 14, 2020 - Health

80 million Americans to get stimulus payments this week, Treasury says

Checks run through a printer at the U.S. Treasury printing facility in Philadelphia in 2005. Photo: William Thomas Cain/Getty Images

More than 80 million Americans will receive payment via direct deposit by Wednesday from the $2 trillion coronavirus stimulus package, the Treasury Department said in a statement Monday.

The big picture: Americans began to receive their stimulus payments on Saturday, per the IRS. The Treasury said payment was being automatically issued to eligible 2019 or 2018 federal tax return filers who received a refund using direct deposit.

Zoom in: The IRS has launched a new web tool for those who do not regularly file tax returns to get their check more quickly.

  • Filling in the "non-filers" form enables those who meet this criteria to enter their bank details to be paid electronically if they don't want to wait for their check to be mailed.
  • The Free Fillable Forms tool will email the user that it's filing a Form 1040 to the IRS on their behalf or alert them to any errors that may be corrected so they can have their payment processed.

Go deeper: How the coronavirus stimulus bill helps you

Editor's note: This article has been updated with comment from the Treasury Department.

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Biden formally secures Democratic presidential nomination

Joe Biden speaks at Delaware State University's student cente on June 5. Photo: Jim Watson/AFP via Getty Images

Former Vice President Joe Biden became the formal Democratic presidential nominee on Friday evening, per AP.

The big picture: Biden has been the presumptive frontrunner to take on President Trump since Sen. Bernie Sanders suspended his campaign in early April.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 6,724.516 — Total deaths: 394,018 — Total recoveries — 2,996,832Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 1,894,753 — Total deaths: 109,042 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: WHCA president says White House violated social-distancing guidelines to make reporters "a prop" — Jailing practices contribute to spread.
  4. Sports: How coronavirus could reshuffle the sports calendar.
  5. Jobs: Better-than-expected jobs report boosts stock market.
  6. Media: The Athletic lays off 8% of staff, implements company-wide pay cut.

Scoop: German foreign minister to travel to Israel with warning on annexation

Heiko Maas. Photo: Michael Kappeler/picture alliance via Getty Images

German Foreign Minister Heiko Maas is expected to travel to Israel next week to warn that there will be consequences if Israeli leaders move forward with plans to annex parts of the West Bank, Israeli officials and European diplomats tell me.

Why it matters: Israeli and European officials agree that if Israel goes ahead with unilateral annexation, the EU will respond with sanctions.