Heavy.com: Third Stimulus: Poorest Americans Could See 33% Income Boost

The relief bill, proposed last month, allocates $1,400 direct checks to eligible individuals and expands the the Child Tax Credit (CTC) and the Earned Income Tax Credit (EITC), CBS News reported. With those three measures, the poorest 20% of Americans could see a 33% boost in their pre-tax incomes, CBS said, citing the Institute on Taxation and Economic Policy. Read more