Stimulus check eligibility could be capped at individual income of $60,000, Yellen says

Posted on AllSides February 8th, 2021
From The Left

Treasury Secretary Janet Yellen suggested a compromise Sunday as lawmakers debate stimulus payments to Americans in the COVID-19 pandemic.

Some proposals limit a new round of $1,400 payments to individuals earning below $75,000, but some conservative Democrats seek a $50,000 individual income cap, The Hill reported.

Speaking Sunday on State of the Union on CNN and Face the Nation on CBS, Yellen said the eligibility cap could fall at an individual income of around $60,000 per year.

“If you think about an elementary school teacher or policeman making ($60,000) or...

Read full story

AllSides Picks

https://news.yahoo.com/stimulus-check-eligibility-could-capped-210102908.html

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right