The Treasury Department said Tuesday that over half of the near $390 billion disbursed in the third round of stimulus payments went to households with income under $50,000, while more than 85 percent went to households making less than $100,000 per year. Another 10 percent of the third round of economic impact payments (EIP), as the relief…

The Treasury Department said on June 29 that more than half of the almost $390 billion disbursed in the third round of stimulus payments went to households with an annual income of less than $50,000, while more than 85 percent went to households making less than $100,000 per year. Another 10 percent of the third round…