Although lawmakers are still hammering out the details on the latest coronavirus relief package, it’s looking like stimulus payments will be included in the legislation.
A bipartisan group of senators released a $908 billion legislative proposal on Monday, which was broken up into two separate bills: $738 billion in funding plan that included $300 enhanced unemployment benefits, small business loans, food assistance and emergency rental relief. The second $160 billion proposal included funding for states and municipalities, as well as a liability shield for businesses against Covid-19 lawsuits.
But as negotiations between Democrat and Republican leaders progressed throughout the week, lawmakers warmed to the idea of funding another round of smaller stimulus payments.
The latest $900 billion pandemic relief package includes stimulus checks of up to $600 to $700 per individual, including dependents, Sen. John Thune (R-S.D.) told reporters on Wednesday. That’s about half the amount lawmakers approved in March as part of the Coronavirus Aid, Relief, and Economic Security, or CARES, Act.
As of now, lawmakers are reportedly basing eligibility on the same income standards established in the CARES Act, according to the Washington Post. That legislation provided for one round of stimulus payments of up to $1,200 to individuals earning an adjusted gross income of up to $75,000 and $2,400 for couples earning up to $150,000, as well as an additional $500 per dependent.
After 9 months of restrictions and lockdowns, with no economic help since the very beginning, the government says they “might” include a $600 check for people. They think giving half of the measly amount they originally gave in the beginning is really going to help? People have been out of work for 9 months, they are months behind on rent and mortgage payments, we have started a new wave of complete shutdowns, what is $600 going to do for people? That’s not even close to a months rent for most people in America. They’ve shut everything down and can’t give any actual help to the people who really need it. They play games and drag out these talks and it ends up being a money grab for the elite and the regular citizens get left behind.