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Tag: US Federal Government
Covid-19: Tighter Relief Check Income Limits OK'd During Negotiations; Here Are New Cutoffs
President Joe Biden’s administration has reached an agreement to narrow the income eligibility of the next round of COVID-19 stimulus checks.
Under the new plan, anyone who individually earns more than $80,000 annually, or couples filing jointly earning more than $160,000 will be cut off from the checks under the revised plan.
The House version of the bill set income caps at $100,000 individually and $200,000 for couples.
Singles making between $80,000 and $100,000 and couples earning between $160,000 and $200,000 would be newly excluded from a partial benefit under the revised structure B…