Stimulus Package Money Breakdown

It also sends another round of stimulus checks worth 600 per individual per household for those making less than 75k 150k for married couples and gradually phases out at higher incomes.

Stimulus package money breakdown. There are three other key things to know about this portion of the stimulus funds. The 900 billion package will likely pass this week. Here s a brief overview of what s in the behemoth package and a breakdown of the many glaring problems with it.

Here s a comprehensive breakdown of everything inside the 900 billion covid relief bill. Congress on monday passed a 900 billion stimulus package which includes direct payments of 600 to most americans. The covid 19 relief package is just one part of a much larger bill that s more than 5 000 pages long.

The centerpiece of this plan is a 1 200 direct payment for those earning up to 75 000 per year. The 2 trillion stimulus package approved by the government is intended to help ease some of the strain the country is feeling but a closer look under the hood reveals an unsatisfactory. The cares act became the largest.

600 stimulus checks for american adults who earned less than 75 000 in 2019 with additional 600 per household for each child. It also sends another round of stimulus checks worth 600 per individual per household for those making less than 75k 150k for married couples and gradually phases out at higher incomes. The bill renews funding for ppp to support small businesses and provides targeted aid to transportation and other hard hit sectors of the economy.

In a nutshell the new package extends federal ui programs e g. As congress argues about a second stimulus package here s a look at how the 2 3 trillion coronavirus aid relief and economic security act was divided up. 166 billion in direct checks individuals making up to 75 000 a year will receive a payment of 600 while couples making up to.

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. The 900 billion package provides more relief beyond the 600 checks that have become the focus in washington.