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Added on the 13/01/2021 15:12:20 - Copyright : Wochit
Pres. Elect Joe Biden supports $2,000 stimulus checks. Business Insider reports the checks are expected to form part of another economic aid package to be unveiled this week. Higher-earners may receive some federal cash as well. The phase out for stimulus cash has been extended to higher incomes.
The House of Representatives will vote on Monday on a measure to increase stimulus checks. The increase will be for Americans under a certain income level to receive $2,000 in payment. This comes after Trump signed a sweeping coronavirus relief bill into law Sunday evening. That legislation, which was negotiated on a bipartisan basis, provides for $600 in direct payments. After the deal was brokered and passed out of Congress, Trump railed against the amount. CNN reports he said it is too low, prompting House Democrats to push for an increase.