Institute on Taxation and Economic Policy

ITEP's Research Priorities

CNET: Child tax credit 2021: When will families get more money? Here’s what you should know

March 8, 2021

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 proposed expansion of the CTC would increase income by an average of 9.7% — even higher if you consider only tax filers with children, according […]

Time: The Senate Passed a $1.9 Trillion COVID-19 Relief Bill. Here’s What’s In It

March 7, 2021

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 Taxation and Economic Policy. Biden said on Saturday that the government will begin sending the checks to eligible Americans this month. Read more

Huffington Post: Senate Passes $1.9 Trillion COVID-19 Relief Bill

March 6, 2021

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 $160,000 for joint filers), cutting out 12 million adults and 5 million children, according to early estimates from the liberal-leaning think tank Institute on Taxation […]

CBS News.com: Democrats limit eligibility for stimulus checks in Senate COVID bill

March 5, 2021

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 million adults and children would benefit under the bill passed in the House, but only 280 million people would in the Senate version of the […]

Vanity Fair: Millions of people who received stimulus checks last time around won’t get them again

March 5, 2021

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 more as a couple) will no longer qualify. According to an analysis from the Institute of Taxation and Economic Policy, approximately 16 million fewer Americans […]

Market Place: Who qualifies for the $1,400 checks under the Democrats’ new proposal?

March 5, 2021

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 would. On the other hand, the House bill would help 91% of adults and 90% of children. In total, 11.8 million fewer adults and 4.6 […]

Marketwatch: ‘This is pure politics’: Fewer Americans will get a stimulus check this time around — here’s how many people will get one

March 5, 2021

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 tax policy at the left-learning Institute on Taxation and Economic Policy. “It’s a difference, but it’s not an enormous difference,” he said. “When you look […]

LA Times: Senate Democrats’ COVID bill ends weekly $400 unemployment in August, not September

March 5, 2021

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 estimated 16.4 million fewer Americans will get a check. Read more

Motley Fool: Stimulus Check Changes Leave 12 Million U.S. Adults Out of Upcoming Round

March 5, 2021

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 million children could be left without a stimulus payment as well. Still, Americans in the bottom 60% of U.S. wage earners won’t be impacted by […]

The Moguldum Nation: Biden Folds On Stimulus, Backs Lower $70K Income Ceiling To Get $1400

March 5, 2021

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 Policy think tank. About 200 million adults and 80 million children will still be eligible for relief under the new structure. Read more

NJ.com: Third stimulus check update: Here’s how many N.J. residents would now get nothing under new plan for $1,400 payments

March 4, 2021

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, eliminating them entirely for those making more than $80,000, and $2,800 payments to couples making up to $150,000, ending them for those making more than […]

New York Times: Democrats Narrow Stimulus Payments as Biden Works to Keep Aid Plan on Track

March 4, 2021

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 December by President Donald J. Trump would not receive them under Mr. Biden’s bill, according to an analysis by the liberal Institute on Taxation and […]

Washington Post: Biden limits eligibility for stimulus payments under pressure from moderate Senate Democrats

March 4, 2021

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 Economic Policy, a left-leaning think tank. About 280 million Americans in total — 200 million adults and 80 million children — would still be eligible […]

Forbes: Nearly 17 Million Fewer Americans Will Get New Stimulus Checks Under The Senate Revision: Here’s Who Qualifies Now

March 4, 2021

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 Economic Policy, a progressive think tank. About 280 million Americans in total (200 million adults and 80 million kids) would be eligible for the checks […]

International Business Times: Third Stimulus Check Eligibility Change: Here’s Who Won’t Be Receiving $1,400 Payments

March 4, 2021

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 payments. This means single taxpayers earning between $80,000 and $100,000, and married couples making between $160,000 and $200,000 per year , won’t be receiving partial payments. […]

Associated Press: Democrats tighten eligibility limits for COVID-19 relief benefits

March 4, 2021

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 that the pared-down Senate eligibility levels means 280 million adults and children would receive stimulus checks, compared to 297 million people under the House plan. […]

Fortune: Biden supports lowering $1,400 stimulus check cutoffs. Here are the proposed income thresholds

March 4, 2021

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 by the Washington Post. In addition, roughly 5 million fewer child dependent checks would be sent. Read more

Business Insider: Biden cuts 16 million people off from stimulus checks after striking deal with moderate Senate Democrats, study says

March 4, 2021

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 left-leaning Institute on Taxation and Economic Policy. The president on Wednesday approved a compromise on the direct payments that would trim the number of people […]

Slate Magazine: Democrats Have Decided to Send Checks to Fewer People for No Actual Good Reason

March 4, 2021

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 in order avoid spending money on households that might not be facing financial difficulties at the moment. On Wednesday, Democrats said they would phase down […]

The Hill: Analysis: Senate stimulus check changes would reduce recipients by up to 16 million

March 4, 2021

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 director of federal tax policy, said the changes in the Senate bill would not reduce eligibility for people in the bottom 60 percent of income. […]

New York Post: Nearly 12 million Americans could lose COVID stimulus checks under Biden’s new cap

March 4, 2021

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 last week, which had a $100,000 income cap, according to estimates from the Institute on Taxation and Economic Policy. The changes would also result in […]

Fox Business: Biden blocks $1,400 stimulus checks for 16M Americans after tightening income eligibility

March 4, 2021

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 off cash payments for roughly 11.8 million adults and 4.6 million children. Under the latest proposal, Americans earning $75,000 or less would still receive the fully promised […]

Newsweek: ‘Most Popular Proposal’: Stimulus Check Threshold That Cuts Off 16 Million Opposed by Progressives

March 4, 2021

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.  Read more

Yahoo! Finance: New stimulus check thresholds would leave 12 million adults without payments

March 4, 2021

Narrower income requirements for the next round of stimulus checks would mean 11.8 million fewer adults and 4.6 million fewer children would get payments compared with an earlier version of the relief bill that passed the House last week, according to estimates by the Institute on Taxation and Economic Policy. The Senate version of the […]

Reuters: Millions of U.S. households would not get COVID-19 payments under new Biden plan

March 4, 2021

The Institute on Taxation and Economic Policy calculated that those payments now would help 11.8 million fewer adults and 4.6 million fewer children than the more generous version that passed the House. But 200 million adults and 80 million children would still see benefits, the left-leaning think tank estimated. “For the bottom 60% of Americans, […]