Covid Stimulus Money Breakdown

Individuals making up to 75 000 a year will receive a direct cash payment of 600 while couples making up to 150 000 will receive 1 200 on top of 600 for dependents under the.

Covid stimulus money breakdown. Here s a comprehensive breakdown of everything inside the 900 billion covid relief bill. 166 billion in direct checks individuals making up to 75 000 a year will receive a payment of 600 while couples making up to. 600 direct payment checks for every adult and child earning up to 75 000.

It s the largest stimulus bill in modern history. While the skinny package has a value closer to 500 billion some of the funds. While the package provides far more money for k 12 schools than the first stimulus bill in march the funds still fall short of what both sectors say they need to blunt the effect of the pandemic.

Lawmakers struck a nearly 900 billion covid 19 stimulus deal sunday that includes another round of stimulus checks and badly needed jobless benefits for struggling americans ending a long. Here s a breakdown of what s inside the massive year end compromise. A visual breakdown of the cares act the 2 trillion package to provide covid 19 economic relief.

Congress on monday passed a 900 billion stimulus package which includes direct payments of 600 to most americans. One time direct payments to americans of up to 1 200 per adult making up to 75 000 a year and 2 400 to a married couple making up to 150 000 with 500 payments for each child 16 or under. The covid 19 relief package is just one part of a much larger bill that s more than 5 000 pages long.

Individuals earning between 75 000 and 87 000 would get smaller checks and the benefit cuts out entirely for.