The new bill will provide payments worth nearly $600 billion, with the average payout of more than $3,000 to families in all but the highest income levels, according to The Institute On Taxation and Economic Policy (ITEP).
Similar to the first stimulus payments, single adults with income up to $75,000 will get the full $1,200 payment. Married couples with income up to $150,000 will get $2,400. Single parents who file as head of household with income up to $112,500 will get the full $1,200 check. Read more