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Here’s Who Wouldn’t Qualify for the $2,000 Stimulus Checks


#Congress will continue to consider legislation #Tuesday that would allow #Americans to receive $2,000 stimulus checks, but not everyone would be eligible for the increased direct payment.

The #Caring for #Americans with #Supplemental #Help (CASH) #Act passed with a 275–134 vote in the #House of #Representatives on #Monday. #Forty-four #Republicans joined #Democrats in the chamber to support the bill, which would increase stimulus checks for #Americans under a certain income level to $2,000.

The vote came just days after #President #Donald #Trump expressed his disappointment with the “ridiculously low” $600 stimulus check included in the $900 billion coronavirus relief package passed by #Congress last week. #He called on #Capitol #Hill to change the amount to $2,000.

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#Only individuals who make less than $75,000 annually, heads of households whose income is less than $112,500 and married couples who earn less than $150,000 can qualify to receive the entire $2,000 stimulus check. #For more high-income individuals and families, the direct payment will decrease $5 for every $100 earned over the income thresholds. #Income is based on 2019 tax returns.

#Others who are not eligible for the $2,000 payment are undocumented immigrants, though their family members can qualify for payment as long as they have #Social #Security numbers—a significant change from the #Coronavirus #Aid, #Relief and #Economic #Security (CARES) #Act, which did not provide stimulus checks for mixed-status families.

#President #Donald #Trump’s name appears on the coronavirus economic assistance checks that were sent to citizens across the country #April 29. #Congress passed a second coronavirus relief package that includes another round of direct payments to #Americans.
#Chip #Somodevilla/Getty

The future of the CASH #Act now rests in the GOP-controlled #Senate, where #Republicans have expressed skepticism about increasing the price tag of the $900 billion relief package. The implementation of $2,000 checks would cost roughly $464 billion alone.

“#Someone’s got to pay for that. #We can’t just have free money,” #Republican #Mitt #Romney said last week.

#But the idea has gained traction from a handful of conservative members, including #Josh #Hawley of #Missouri, #Lindsey #Graham of #South #Carolina and #Marco #Rubio of #Florida. #Plus, #Georgia’s two #Republican senators expressed support for $2,000 checks on #Tuesday morning.

“I’ve stood by the president 100 percent of the time,” #Kelly #Loeffler told #Fox #News. “I’m proud to do that and I’ve said absolutely, we need to get relief to #Americans now and I will support that.”

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#David #Perdue echoed that sentiment in a tweet shortly after her interview, writing: “#President @realdonaldtrump is right—I support this push for $2,000 in direct relief for the #American people.”

#Democratic #Representative #Richard #Neal, the chairman of the #House #Ways and #Means #Committee, introduced the CASH #Act on #December 24. #In a statement, he urged #Republicans on #Capitol #Hill to support the measure.

“#Now that the president has finally endorsed that idea as well, we’re ready to immediately pass the CASH #Act to put an additional $2,000 into the pockets of folks in need. congressional #Republicans must join us in this effort and not block critical relief from reaching families who are hurting,” #Neal said.



[ source link ]
https://www.newsweek.com/heres-who-wouldnt-qualify-2000-stimulus-checks-1557774

##Heres ##Wouldnt ##Qualify ##Stimulus ##Checks

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