BGR: Families are going to love this stimulus check news

This is what was found by an analysis from a left-leaning nonpartisan think tank called the Institute on Taxation and Economic Policy which looked at both the Biden plan as well as related proposals from the House Ways and Means Committee: Rather than simply providing the poorest Americans with $1,400 stimulus checks, Biden’s coronavirus-related stimulus proposal would actually give them almost $3,600 in total financial aid.

According to the institute, the 20% of Americans who make less than $21,300 a year would receive $3,590 from the Biden plan, on average. That’s thanks to a combination of the $1,400 stimulus checks as well as expansions of the Child Tax Credit and the Earned Income Tax Credit. Read more