Tag: stimulus

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Sen. Cruz: Illegals do get stimulus checks, Democrats are wrong | One America News Network

Sen. Ted Cruz (R-Texas) said Joe Biden has squandered U.S. national wealth by giving $1,400 dollar stimulus checks to illegal aliens. Democrat media attempted to fact check or censor Cruz by saying illegals couldn’t get stimulus checks because they do not have a social security number.

However, immigration officials refuted Democrat falsehoods that said many illegals who have overstayed their visas actually do possess social security numbers and are in fact eligible for IRS payments.

Source: Sen. Cruz: Illegals do get stimulus checks, Democrats are wrong | One America News Network

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Stimulus check update: U.S. issued 90 million checks worth $242 billion

The U.S. has thus far issued 90 million stimulus checks worth a collective $242 billion as part of President Biden’s $1.9 trillion American Rescue Plan.

  • The U.S. has thus far issued 90 million stimulus checks worth a collective $242 billion as part of President Biden’s $1.9 trillion American Rescue Plan.
  • The first batch of payments were mostly sent by direct deposit, and some recipients started receiving their checks this past weekend, the government said.
  • The checks began processing on March 12 and some Americans have already seen the deposits as pending prior to today’s official payment day.

Source: Stimulus check update: U.S. issued 90 million checks worth $242 billion

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Biden strikes stimulus deal with Senate Democrats – POLITICO

Senate Democrats and President Joe Biden settled a last-minute debate over Biden’s $1.9 trillion pandemic relief bill, choosing to keep federal unemployment benefit payments at $400 per week but narrow the phaseout of the measure’s $1,400 stimulus checks.

The breakthrough comes just a few hours before Senate Majority Leader Chuck Schumer is hoping to kick off debate on the Covid aid bill. One Senate Democratic aide said the chamber is now waiting only on official scores from the Congressional Budget Office and the Joint Committee on Taxation to confirm its bill doesn’t run afoul of the rules of budget reconciliation, the process that allows passage of the package with a simple majority.

Source: Biden strikes stimulus deal with Senate Democrats – POLITICO

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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.

Comparing the Biden and GOP stimulus plans
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

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Coronavirus stimulus: Joe Biden to meet with Republican senators about relief bill

President Biden will meet with 10 GOP senators after they put forward a $618 billion counteroffer to his $1.9 trillion coronavirus relief plan.

  • President Joe Biden will meet with 10 Republican senators as he tries to pass a coronavirus relief package.
  • The GOP lawmakers put forward a $618 billion aid package, which scales back the direct payments and unemployment benefits in Biden’s plan and does not include state and local government aid.
  • Biden has to decide whether to move forward with his $1.9 trillion proposal with only Democratic votes in the Senate or try to negotiate a smaller piece of legislation with Republicans.

Source: Coronavirus stimulus: Joe Biden to meet with Republican senators about relief bill

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Third stimulus check: When could you get a $1,400 check? – CBS News

President Joe Biden’s $1.9 trillion coronavirus relief plan proposes a third round of stimulus checks of $1,400 for most Americans. Yet while that could extend a helping hand to millions of households still suffering from the pandemic’s economic fallout, it could be months until the payments arrive, analysts say.

The price tag for the relief package, called the American Rescue Plan, is likely to face pushback from Republican lawmakers, who last year resisted Democratic efforts to pass a $2 trillion bill. Heights Securities analyst Hunter Hammond expects the ultimate package to be trimmed to $1 trillion or $1.5 trillion. But most analysts think lawmakers on both sides of the aisle will back the $1,400 direct payments, which economists view as a lifeline for many cash-strapped workers who lost their jobs or have seen their income plummet during the pandemic.

Support for another stimulus package may gain steam given several developments that point to widening economic distress as the pandemic worsens, according to Ed Mills, an analyst with investment bank Raymond James. A weaker outlook for the labor market, with a bigger-than-expected 1 million jobless claims during the first week of January, as well as record number of COVID-19 infections and deaths, could push lawmakers to support Mr. Biden’s plan for additional stimulus, analysts say.

Source: Third stimulus check: When could you get a $1,400 check? – CBS News

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Second stimulus check: IRS says the $600 payments are now on their way. But how soon is now? – CBS News

The tax agency said it began distributing direct deposits Tuesday night, and will start mailing paper checks December 30.Millions of Americans are eagerly awaiting their second stimulus checks of $600 for each eligible adult and child. The IRS on Tuesday said it had started to distribute the checks via direct deposit that evening, a process that will extend into next week.

Source: Second stimulus check: IRS says the $600 payments are now on their way. But how soon is now? – CBS News

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What’s the status of a second $1,200 stimulus check? – CBS News

For months, millions of Americans grappling with the economic fallout of the coronavirus pandemic have been pinning their hopes on Congress delivering another round of financial relief, including direct cash payments and an extension of enhanced unemployment benefits. But the door for such assistance — slammed shut by President Donald Trump on Tuesday only for him to nudge it ajar later that day — is closing fast.

Source: What’s the status of a second $1,200 stimulus check? – CBS News

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