Biden limits eligibility for stimulus payments under pressure from moderate Senate Democrats - The Washington Post
President Biden has agreed to narrow eligibility for a new round of $1,400 stimulus payments in his $1.9 trillion coronavirus relief bill, under pressure from moderate Senate Democrats who’ve pushed for more “targeted†spending in the bill.
Under the plan passed by the House last week, individuals earning below $75,000 per year and couples making up to $150,000 per year would qualify for the full $1,400 stimulus payment.Under the House plan, individuals making up to $100,000 per year and couples making up to $200,000 per year would receive a partial payment less than $1,400 per person, scaled down depending on income.
Under the changes agreed to by Biden and Senate Democratic leadership, individuals earning under $75,000 per year and couples earning under $150,000 would still receive the full $1,400 per person benefit.Senior Democratic officials had at one point considered dropping the full benefit for those making more than $50,000 per year, a change they ultimately abandoned after a backlash led by Senate Finance Chair Ron Wyden (D-Ore.) and Senate Budget Chair Bernie Sanders (I-Vt.)