House democrats passed a $3 trillion bill in may proposing another round of direct payments to households that would greatly expand the eligibility.
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Background. While democrats and republicans agree in principle on a new round of $1,200 stimulus checks, the two sides are at a standstill on other parts of a relief package. The income thresholds and individual check amounts ($1,200) were the same, but the payment for dependent children was boosted from $500 to $1,200, up to a limit of three.
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The amount of the check decreased in 5% increments per hundred dollars until the maximum income level of $99,000 for individuals ($198,000 for married. Future bills could order up additional payments, though. The letter argues regular checks to individuals could help boost economic activity and provide stability for struggling households.
While democrats and republicans agree in principle on a new round of $1,200 stimulus checks, the two sides are at a standstill on other parts of a relief package.
The letter argues regular checks to individuals could help boost economic activity and provide stability for struggling households. Regular direct stimulus payments tied to economic indicators will help families stay afloat and drive economic activity. this comes as a second round of stimulus checks. While democrats and republicans agree in principle on a new round of $1,200 stimulus checks, the two sides are at a standstill on other parts of a relief package. The timeline for this is tricky:
