Stimulus check: House Democrats’ plan would exclude families earning more than $200,000 – CNNPolitics

Washington (CNN)House Democrats have rejected a Republican proposal to significantly narrow eligibility for further stimulus payments and are moving forward with legislation that would provide $1,400 stimulus payments per person.

But the payments would phase out faster than earlier rounds and completely cut off individuals earning more than $100,000 and couples earning more than $200,000, according to the bill text, which the House Ways and Means Committee is set to debate Wednesday.
Under the plan put forward Monday by Chairman Richard Neal, a Massachusetts Democrat, the full payment would go to individuals earning less than $75,000 a year and married couples earning less than $150,000 — like previous stimulus checks. Joint filers would receive $2,800 plus another $1,400 per dependent.
It would not narrow eligibility as significantly as a Republican-backed proposal, which would have excluded an estimated 29 million households that received earlier payments.
The GOP plan called for smaller payments of $1,000 to individuals earning less than $40,000 a year and couples earning less than $80,000. The payments would phase out faster, cutting off individuals making more than $50,000 and couples making more than $100,000.

Source: Stimulus check: House Democrats’ plan would exclude families earning more than $200,000 – CNNPolitics