A reduced second round of stimulus checks is included in a $ 900 billion coronavirus relief deal announced Sunday night by Congress leadership.
The deal, announced by the Senate Majority Leader Mitch McConnell
Addison (Mitch) Mitchell McConnell Senators reach agreement on Fed powers, setting the stage for coronavirus relief passage The agreement on coronavirus relief depends on talks over the borrowing powers of the Fed. Fed (R-Ky.) On the floor, it includes a $ 600 check for people earning up to $ 75,000 a year.
While this is the same income limit included in the March CARES Act, the amount of the check is half the $ 1,200 for individuals included on the previous bill.
Speaker of the House Nancy Pelosi
Nancy PelosiSenators reaches agreement on Fed powers, setting the stage for coronavirus relief passage Sunday preview: U.S. launches first doses of coronavirus vaccine; Congress closes stimulus agreement Lawmakers soon expect COVID-19 relief agreement MORE (D-California) and Senate minority leader Charles Schumer
Chuck Schumer: Senators reach agreement on Fed powers, setting the stage for the coronavirus relief passage. The coronavirus relief deal depends on talks about the Fed’s credit powers. Ocasio-Cortez: “I’m not ready” to be president, but Pelosi and Schumer have to go MORE (DN.Y.) announced details of the agreement on early-morning stimulus checks Sunday evening. In addition to a $ 600 check for individuals, the offer also provides a $ 600 check per child.
The decision to include stimulus checks comes after a second round of direct payments was left out of an agreement presented earlier this month by a bipartisan and bicameral group of lawmakers, as well as a separate GOP-only proposal distributed by McConnell .
But there was support for another round of checks on either side of the hallway. The progressives of the house pushed for their inclusion and Sens. Josh Hawley
Joshua (Josh) David Hawley Senators reach agreement on Fed powers, setting the stage for the coronavirus relief passage The coronavirus relief agreement depends on talks about the Fed’s credit powers Fed GOP absences in Senate capture Trump nominees (R-Mo.) I Bernie Sanders
Bernie Sanders: Senators reach agreement on Fed powers, setting the stage for the coronavirus relief passage Trump signs a bill to keep government open amid relief talks On The Money: The Congress Approves Bill to Avoid Closure as Coronavirus Talks Crawl Over Weekend | The Federal Reserve struggle endangers MORE relief talks (I-Vt.) He teamed up to try to get the second round to match the $ 1,200 included in the March bill.
Hawley called the inclusion of the $ 600 check “hardly appropriate,” but also “a step in the right direction.”
“The fact that we can spend so much on any other priority under the sun tells you where, sadly, what the priorities are in Congress,” he told reporters. “But I want to see relief for working families. So we’re likely to support this on that basis and almost exclusively on that basis.”
President Trump
Donald Trump Senators reach agreement on Fed powers, paving the way for the passage of coronavirus relief Nearly 200 organizations allegedly hacked by Russia: cybersecurity firm Trump appointed Sidney Powell as special attorney for election fraud investigation: reports MORE pushed Twitter to get more direct payments, but Sen. Lindsey Graham
Lindsey Olin Graham: Congress barrels into veto clash with Trump Biden claim Lindsey Graham is a “personal disappointment” as a former GOP colleague indicates no support for reducing the “down payment” MONTH (RS.C.), a close ally of the president, predicted he would eventually accept the $ 600 amount.
“It’s okay with direct payments,” Graham said of Trump. “I’d probably do more.”
McConnell pointed to the president as the reason the controls were included.
“At the particular request and emphasis of President Trump and his administration, our agreement will provide another round of direct-impact payments to help households meet their heads and continue our economic recovery,” he said.