Business Insider: The Poorest Americans Can Expect to See a 33% Income Boost with Stimulus Checks and Tax Credit Expansions, New Report Finds

The poorest 20% of Americans can expect to see a nearly 33% boost to their incomes with key Democratic stimulus provisions of $1,400 stimulus checks, and the expansion of child tax credits and the Earned Income Tax Credit.

In a report released on Tuesday by the Institute on Taxation and Economic Policy — a nonpartisan think tank — primary elements of the House Ways and Means Committee’s draft stimulus bill will likely have significant effects on the poorest Americans.

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