CNBC: Senate Democrats’ plan to curb eligibility for third stimulus check cuts off 12 million adults

The new income caps would mean that 11.8 million fewer adults and 4.6 million fewer kids would receive a third stimulus payment, the Institute on Taxation and Economic Policy calculates.

“That being said, for most people it does not make a difference and it basically makes no difference for the bottom 60% of Americans, the folks who really need help,” says Steve Wamhoff, ITEP’s director of federal tax policy.  Read more

---