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Biden, Senate Democrats agree to limit eligibility for $1,400 checks

Economic Policy,Joe Biden,US Congress,Coronavirus Stimulus,Stimulus Checks,Economy And Jobs

From the Left

Senate Democrats plan to give $1,400 checks to fewer people under a deal struck with President Joe Biden, according to two sources familiar with it.

Every American who filed individually and makes up to $75,000 will still get the full amount before it begins to reduce at incomes above that. But rather than zeroing out at $100,000 earnings, as the last Covid-19 relief bill does, the Senate bill will cut off payments at $80,000, the sources said.

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