Update On Stimulus Package 2 000 A Month

That could translate into a new package ranging from 1.

Update on stimulus package 2 000 a month. Individuals with incomes up to 100 000 would receive 2 000 a month. The covid 19 relief deal remains in limbo over christmas after house republicans rejected president donald trump s demand for 2 000 stimulus checks on thursday while the president spent the day. In addition the 2 000 per month plan isn t the only stimulus package on the table.

On december 28 the u s. House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting. Ed markey pushing for 2 000 monthly payments through the duration of covid 19 pandemic.

Because the base is so much higher than it is with 600 checks a family of four which would start with 8 000 in stimulus checks would have to make 310 000 before the entire payment would end. For example under the stimulus package already signed into law a family of four making more than 198 000 would get nothing. Biden has described the 900 billion stimulus bill passed last month as a down payment on a more comprehensive relief package.

That s when unemployment benefit extensions included in the second. Tim ryan d ohio and ro khanna d calif have proposed the emergency money for the people act with similar. President elect joe biden has proposed direct cash payments totaling 2 000 be given to americans including a third stimulus check of 1 400 in addition to the 600 payment issued last month.