January 16, 2021

Yahoo!Money: Here’s Who Gets a Payment under Biden’s $1,400 Stimulus Check Proposal

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The $2,000 stimulus checks would also mean a big increase in income for America’s poorest families. The 20% of households with the lowest incomes would see their annual income increase by 29% if Congress passed the Democrats’ $2,000 stimulus check proposal, the Institute on Taxation and Economic Policy (ITEP) found. The effect of Biden’s plan would be similar.

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