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Stimulus Update | Trending news | Elon Musk is MAD!
The Senate is tweaking the House version of the bill, which is the most likely one to become law despite Republicans' rallying in opposition. It's still possible that some of the details could change before the process finishes and the money goes out.
But for now, here are some questions and answers about how payments would work under the Senate bill, according to information provided by Democratic staffers who crafted it:
Why $1,400? Biden promised $2,000
He did promise $2,000 payments — but in the context of raising payments in the December bill, which Republicans limited to $600. Biden says the $1,400 checks would deliver on the promise when they are added to the previous payments.
OK, so who gets the money?
Individuals who make less than $75,000 or heads of households who make less than $112,500. For married couples who file their taxes jointly, both would qualify for the full amount if they make up to $150,000 jointly. (Couples would get $2,800.)
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