Over 85 percent of American households would get stimulus payments of $1,400 per person, according to the White House. Preliminary estimates from the Institute on Taxation and Economic Policy (ITEP), a…
About 17 million fewer people will receive direct payments as a result of the rule change, according to the Institute on Taxation and Economic Policy. Read more
The bill also would expand other child-related credits so families could claim up to half their child-care expenses on their taxes. For the bottom 20% of families in terms of income, the…
The decision means that an estimated 17 million Americans who received a check under former President Donald Trump won’t get one under Biden, according to a study from the nonpartisan Institute on…
The full $1,400 checks will only go to those making $75,000 or less (or $150,000 for joint filers) and be cut off for individuals who make more than $80,000 (or…
The proposal to lower caps on the stimulus checks would cut an estimated 17 million people from eligibility, according to the Institute on Taxation and Economic Policy. Their analysis found 297…
Under the narrower eligibility rules, individuals earning under $75,000 (and couples earning under $150,000) are set to receive the full check, but those making $80,000 and up (and $160,000 or…
The left-leaning Institute on Taxation and Economic Policy has analyzed how many people would get help under the Senate caps, and found that 86% of adults and 85% of children…
The previous House version would have covered 91% of adults — 212.1 million Americans — and 90% of children — another 84.7 million people, said Steve Wamhoff, director of federal…
The Institute on Taxation and Economic Policy, a progressive research group, estimates 2.37 million fewer Californians would receive money under the Senate bill than with the House bill. Nationally, an…
ll told, this means 11.8 million adults may no longer be eligible for a stimulus payment, according to the Institute on Taxation and Economic Policy. On top of that, 4.6…
Around 12 million fewer adults and 5 million fewer children would get the stimulus payments under the new Biden-Senate compromise, according to estimates from the Institute on Taxation and Economic…
The Institute on Taxation and Economic Policy said the Senate proposal would provide payments to 4.8 million New Jerseyans. The bill includes $1,400 payments to those making up to $75,000,…
If adopted, the change in income limits would mean that about 12 million adults and five million children who received stimulus payments under the last round of aid signed in…
Around 12 million fewer adults and 5 million fewer children would get the stimulus payments under the new Biden-Senate compromise, according to preliminary estimates from the Institute on Taxation and…
About 11.8 million fewer adults and 4.6 million fewer kids would get the stimulus payments under the new Biden-Senate compromise, according to preliminary estimates from the Institute on Taxation and…
However, under the new terms set by Senate Democrats, individuals earning $80,000, heads of households making $120,000 and married couples with $160,000 in income would no longer receive the relief…
That means some people who received the last round of $600 relief checks approved in December wouldn’t get anything this time. The liberal Institute on Taxation and Economic Policy estimated…
This lower cutoff proposal, if passed, would result in roughly 12 million fewer adults getting stimulus checks, according to the nonpartisan think tank Institute on Taxation and Economic Policy, reported…
A faster phaseout for the $1,400 checks in President Joe Biden’s stimulus plan would exclude more than 16 million Americans from receiving one, according to a preliminary analysis from the…
Centrists such as Sen. Joe Manchin of West Virginia have spent weeks urging the administration to “target” the new round of $1,400 economic impact payments more narrowly to lower-income families…
The left-leaning Institute on Taxation and Economic Policy estimated that 11.8 million fewer adults and 4.6 million fewer children would be eligible for the direct payments. Steve Wamhoff, the group’s…
About 200 million adults would receive stimulus checks under the new Senate plan, roughly 11.8 million fewer than under the $1.9 trillion COVID-19 relief bill the House of Representatives passed…
That’s according to a preliminary analysis published by the left-leaning Institute on Taxation and Economic Policy, which found that a plan by moderate Democrats to curtail benefits for higher-income earners will cut…
The Institute on Taxation and Economic Policy, a left-leaning think tank, has estimated that the amendment would cut off around 11.8 adults and 4.6 million children from receiving the checks.…