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Forum nameGeneral Discussion
Topic subjectWhat's the plan for the $1400?
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13425773&mesg_id=13425773
13425773, What's the plan for the $1400?
Posted by mista k5, Wed Mar-03-21 02:01 PM
What you doing with it?

It's starting to look like this will get finalized. Won't be shocked if GQP will have some stunts to delay it but I'm guessing it will get through. Don't know how long it will take the house to approve the changes they make in the senate.

I have some questions. Are they still going off 2019 income? Is it only for adults or is there a payment for kids too? Any changes being made to who qualifies for unemployment?

Looks like they're caving to limiting who can get the partial stimulus payments. Same limits as before to get the full stimulus but the phaseout is coming down. From $100k to $80k for individuals and from $200k to $160k for couples.

https://www.politico.com/news/2021/03/03/senate-push-covid-aid-bill-473261
https://www.washingtonpost.com/business/2021/03/03/biden-limits-eligibility-stimulus-payments-under-pressure-moderate-senate-democrats/

Bernie is supposedly still pushing for the $15/hr increase but I'm guessing that's dead. I kind of understand why they tried to push it through as part of this but if they didn't have the votes it seems like it was a bad idea. Even though I expect they will try to raise the minimum wage outside of this bill (and hopefully succeed) a lot of people will see them taking it out of this as a broken promise and failure.