House Democrats push new round of stimulus checks in coronavirus bill
Coronavirus,Banking And Finance,Economy And Jobs,Public Health,US House,Economic Policy
WASHINGTON — House Democratic leaders are pushing for another round of stimulus payments of up to $1,200 per person in new coronavirus relief legislation that's headed for a vote Friday.
The eligibility criteria in the HEROES Act are similar to those in the first round approved in late March, with some expansions.
The legislation would provide up to $1,200 in payments (or $2,400 for married couples), with an extra $1,200 per dependent up to a maximum of three.
The income thresholds are the same as in the CARES Act, with money for people making up to $99,000 and couples up to $198,000. The amount would start to reduce from $1,200 above thresholds of $75,000 and $150,000, respectively.
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