About 98% of U.S. households that received assistance checks for COVID-19 last December will also be able to access the next round of payments driven by President Joe Biden, according to a White House official.
Biden said the Americans were promised a direct payment of $ 2,000, but only 600 were approved in December. The president sees this commitment as a crucial part of his $ 1.9 trillion assistance plan. dollars that is pending in the Senate. Biden’s proposal includes $ 1,400 in additional payments on a scale down to zero depending on income, so that money will be better channeled to the middle class and the poor.
In the current Senate initiative, the Biden government estimates that 158,500,000 households will receive direct payments, according to the White House official who spoke on condition of anonymity in order to comment on private conversations. The official stressed that almost everyone will receive a check for twice the amount of December, although 3.5 million homes that received some payment of the 900 billion from the December plan will no longer be eligible.
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The decrease is due to stricter restrictions in the Senate bill on who can receive the check. The Biden government has wanted to fulfill a promise made to voters, but it does not want the perception that it sends money to the rich.
Under the Senate initiative, those with incomes of up to $ 75,000 would be entitled to $ 1,400, but nothing will be given to those who earn $ 80,000.
Couples receiving up to $ 150,000 will also receive payments, but are excluded if they have an income in excess of $ 160,000.
However, families who do not receive a direct payment can still benefit from the $ 1.9 trillion plan. The initiative expands tax credits for children and kindergartens, and these benefits will be extended to some households that received a check in December but are no longer eligible for the new payment.