October 7, 2020

Money: VP Debate: Where Kamala Harris Stands on Taxes, Health Care and Stimulus Checks

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“The CARES Act gave Americans an important one-time payment, but it’s clear that wasn’t nearly enough to meet the needs of this historic crisis,” Harris said in a statement.

But critics say the law would cost too much. A month of payments under the bill would dole out nearly $600 billion to households — more than twice as much as the payment from the CARES Act, according to the Institute on Taxation and Economic Policy. The average monthly payment would be about $3,690 (the CARES Act’s was $1,670). Read more



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