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Photo: Samuel Corum/Bloomberg via Getty Images

Internal Revenue Service and the U.S. Department of the Treasury said Thursday they've distributed more than 130 million payments worth approximately $335 billion as part of the American Rescue Plan.

Why it matters: A third batch of 4 million payments, totaling more than $10 billion, was sent on March 31, but the IRS and Treasury still have millions of payments to deliver. The payments of $1,400 per individual were mostly distributed via direct deposits and checks. 

Go deeper

Bryan Walsh, author of Future
4 mins ago - Politics & Policy

Axios AM Deep Dive: America’s murder surge

Photo illustration: Sarah Grillo/Axios. Photo: Erik McGregor/LightRocket via Getty Images

Homicides rose at the fastest rate in at least six decades last year. This Axios AM Deep Dive, led by Future correspondent Bryan Walsh, looks at the state of gun crime.

4 hours ago - Politics & Policy

Senate Democrats target billionaires

Illustration: Annelise Capossela/Axios

After failing to get a deal on other planned tax increases, key Senate Democrats are pivoting to a billionaires' income tax to pay for President Biden's social spending.

The big picture: No advanced economy has attempted anything similar on such a scale.

Anti-abortion activists' Supreme Court dreams are coming true

Photo illustration: Annelise Capossela. Photos: Kevin Dietsch/Getty Images

This is the moment the conservative legal movement has been building toward for decades: The solidly conservative Supreme Court is about to hear two major abortion cases within a month of each other.

Why it matters: All of this is likely to end with significant new restrictions on abortion and a clear path for Republican-led states to win the next big abortion cases, too — the culmination of a long and bitter fight for control of the judiciary.

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