{"id":190112,"date":"2021-03-04T17:29:35","date_gmt":"2021-03-04T22:29:35","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=190112"},"modified":"2021-03-04T17:29:38","modified_gmt":"2021-03-04T22:29:38","slug":"millions-of-americans-would-lose-covid-19-stimulus-checks-under-senate-democrats-cap","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/millions-of-americans-would-lose-covid-19-stimulus-checks-under-senate-democrats-cap\/","title":{"rendered":"Millions Of Americans Would Lose COVID-19 Stimulus Checks Under Senate Democrats\u2019 Cap"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmillions-of-americans-would-lose-covid-19-stimulus-checks-under-senate-democrats-cap%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=190112&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/03\/money-2.jpg?w=1200&#038;h=800&#038;ixlib=react-9.0.3\" class=\"ff-og-image-inserted\" \/><\/div>\n<p>A proposal by Senate Democrats to lower the income cap for COVID-19 stimulus checks would leave out nearly 12 million Americans, according to a new analysis.<\/p>\n<p>Under the latest proposal, individuals earning up to $75,000 per year would receive $1,400 checks, but the payments would decline sharply up to $80,000, where they would phase out completely.<\/p>\n<p>About 200 million Americans would get the stimulus checks under the new Senate plan, which is 11.8 million fewer than a relief bill passed by the House last week, <a href=\"https:\/\/itep.org\/new-estimates-on-senates-slightly-revised-cash-payment\/\">according<\/a> to estimates from the Institute on Taxation and Economic Policy. That bill sets a $100,000 income cap.<\/p>\n<p>\u201cThe Senate bill would benefit 86 percent of adults and 85 percent of children, compared to 91 percent of adults and 90 percent of children under the House-passed bill. But among the bottom 60 percent of Americans, those who most need help, both versions of the proposal would benefit 100 percent of adults and children,\u201d the Institute said.<\/p>\n<p>\u201cThe cash payments in the Senate proposal would phase out for those with income exceeding $75,000 in the case of singles, $112,500 in the case of single parents, and $150,000 in the case of married couples\u2013just as in the House-passed bill. However, the Senate Democrats propose to phase out the payments at a steeper rate. For example, the Senate version would phase the cash payments out entirely for singles with $80,000 of income, compared to $100,000 of income under the House-passed bill,\u201d according to the analysis.<\/p>\n<p>While the bottom 60% of earners would qualify for full payments in both plans, the think tank found that some 4.6 million fewer children would benefit.<\/p>\n<p>For his part, President Joe Biden has backed the Senate Democrats\u2019 plan to cut off individuals making more than $80,000 a year. But during the presidential campaign, Biden promised to deliver $2,000 checks, and the White House now contends that combined with $600 checks in the last stimulus signed by former President Donald Trump, Biden has kept his word.<\/p>\n<p>\u201cWhat the President promised and committed to was ensuring that the American people receive $2,000 in checks.\u00a0 This $1,400 is part of delivering on that promise. He also proposed, of course, a higher threshold, as you know, in his own proposal, in his joint session speech that he delivered a couple of weeks ago,\u201d White House Press secretary Jen Psaki said on Wednesday.<\/p>\n<p>\u201cHe has also been clear that he is open to changes on the margins of this package.\u00a0 While he is very firm on the $1,400 \u2014 and, as you know, there\u2019s been negotiations about trying to lower that to $1,000 or change the size of the check \u2014 he\u2019s unmovable on that; repeated that to me again this morning.\u00a0 And he has been very clear that the threshold should be at 75K and 150K for families,\u201d she said.<\/p>\n<p>\u201cBut he also knows that the sausage-making machine sometimes spits out a different package \u2014 almost always it spits out a different package than what is proposed initially. These are negotiations primarily through Democrats in Congress with each other, but he\u2019s a part of \u2014 you know, he rolls up his sleeves; he gets involved in them too. And, you know, he\u2019s confident that this is a package, with all of the components included, that \u2014 and he\u2019s hopeful that Democrats of all political backgrounds can get behind,\u201d Psaki said.<\/p>\n<p>The nearly $2 trillion relief package is expected to pass the Democrat-controlled Senate this week with little Republican support. The House would have to approve the changes then send the bill to Biden. Checks could go out\u00a0within days after Biden signs the bill.<\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A proposal by Senate Democrats to lower the income cap for COVID-19 stimulus checks would leave out nearly 12 million Americans, according to a new analysis. Under the latest proposal, &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2274779,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/03\/money-2.jpg?w=1200&h=800&ixlib=react-9.0.3","fifu_image_alt":"Millions Of Americans Would Lose COVID-19 Stimulus Checks Under Senate Democrats\u2019 Cap","footnotes":""},"categories":[],"tags":[],"class_list":["post-190112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/03\/money-2.jpg?w=1200&h=800&ixlib=react-9.0.3","fifu_image_alt":"Millions Of Americans Would Lose COVID-19 Stimulus Checks Under Senate Democrats\u2019 Cap","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/190112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=190112"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/190112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2274779"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=190112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=190112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=190112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}