President Trump has signed the aid package, how long will it take for stimulus checks to arrive?

WASHINGTON (NewsNation Now) — Stimulus checks of $600 could be hitting Americans' bank accounts in the coming weeks.

After a delay, President Donald Trump signed the bill — which included $600 per adult and per dependent child — into law Sunday evening.

“As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 checks per adult and $600 per child," the president said in a statement.

House Speaker Nancy Pelosi plans to bring a standalone bill to the House floor Monday to increase check sizes.

"Now, the President must immediately call on Congressional Republicans to end their obstruction and to join him and Democrats in support of our stand-alone legislation to increase direct payment checks to $2,000, which will be brought to the Floor tomorrow," Pelosi said.

Now that it's approved, how long will it take for you to get the money? Let's break it down:

Now that President Trump has signed off, the wheels will be set into motion for the Internal Revenue Service to begin issuing the Economic Impact Payments.

In August, Treasury Secretary Steve Mnuchin said payments could be issued as quickly as one week after Congressional approval.

"I can have them out immediately. So, if I could get that passed tomorrow, I could start printing them the following week. We did it the first time. I can get out 50 million payments really quickly, a lot if it into people's direct accounts."

TREASURY SECRETARY Steven Mnuchin in August

Here's how long it took last time to get checks:

• March 25 — CARES Act passes Senate
• March 27 — CARES Act passes House
• March 27 — President signs CARES Act
• April 10-11 — IRS direct deposits started arriving
• April 18 — Paper checks mailing began

The bulk of the payments arrived by the end of May, according to a September Government Account Office report.

In a document to financial institutions, the IRS said the initial batch of 81 million electronic payments were deposited by April 15. Paper checks began being printed on April 18. The Treasury Department had the ability to print 5 to 7 million checks.

A majority of people getting stimulus "checks," actually didn't get paper checks, but rather the funds were electronically deposited, according to data analyzed by NewsNation.

Another factor likely to speed up the timeline: the IRS system is up-and-running already and those who weren't set up to automatically get payments likely already put in their bank information or mailing address in the IRS database.

The GAO also found the government had sent an estimated $1.2 billion to deceased people. It's unclear if that finding will change the way the distribution would happen.

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