Congress to pass deal with $600 stimulus checks
Economy And Jobs,Coronavirus,Coronavirus Stimulus,Life During Covid-19
A pared-down second round of stimulus checks is included in a roughly $900 billion coronavirus relief deal announced by congressional leadership on Sunday night.
The agreement, announced by Senate Majority Leader Mitch McConnell (R-Ky.) on the floor, includes a $600 check for individuals who make up to $75,000 per year.
Though it's the same income cap included in the March CARES Act, the amount of the check is half of the $1,200 for individuals that was included in the earlier bill.
House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles Schumer (D-N.Y.) announced the details of the agreement on stimulus checks early Sunday evening. In addition to a $600 check for individuals, the deal 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 a deal unveiled earlier this month by a bipartisan, bicameral group of lawmakers as well as a separate GOP-only proposal circulated by McConnell.
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