How the $1,200 stimulus checks in the HEALS Act could differ from the first payments

How the $1,200 stimulus checks in the HEALS Act could differ from the first payments

Here’s what you need to know.

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A new set of $1,200 stimulus payments may go to millions of Americans based on legislative proposals from both Republicans and Democrats.

But Senate Republicans’ proposal differs in some key ways from changes advocated by Democrats.

Those changes could provide more people, particularly dependents, with access to the government money. Others would be shut out.

Here’s who would qualify for a HEALS Act payment:

  • A single US resident with an adjusted gross income less than $99,000.
  • Head of a household earning under $146,500.
  • Couple filing jointly without children and earning less than $198,000.
  • A dependent of any age. 

In the CARES Act, the cutoff to receive a $500 dependent check was age 16 and younger and college students under 24 were not eligible to receive a check. The Senate proposal would exclude those in prison and who recently died from qualifying for a check. The bill would also prohibit creditors and banks from seizing the payment to pay debts.

It also Included Unwanted Things like

  • White House West Wing Remodel
  • Military Planes
  • FBI Building
  • Loan Forgiveness
  • Tax Break for the Rich

Source: cnbc.com


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