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

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 million fewer children would end up receiving relief.

However, the ITEP pointed out that 280 million people would still reap benefits.“Among the bottom 60% of Americans, those who most need help, both versions of the proposal would benefit 100% of adults and children,” according to Steve Wamhoff, ITEP’s director of federal tax policy. Read more

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