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Senate coronavirus bill lowers cutoffs for stimulus checks

Coronavirus,US Senate,Democratic Party,Coronavirus Stimulus,Economy And Jobs

From the Center

Senate Democrats have struck a deal to lower the income cut off for receiving a stimulus payment as part of the coronavirus bill, a Democratic aide confirmed to The Hill.

The decision, which speeds up the phasing out of checks, reflects a demand from moderates to curb the ability of high-income earners to receive the stimulus payments.

Under the agreement, individuals who make up to $75,000 per year or couples who make up to $150,000 per year will still receive a $1,400 check.

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