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		<title>House approves the CASH Act; proposal to increase stimulus checks to $2,000 moved to the Senate</title>
		<link>https://cincylink.com/2021/10/05/house-approves-the-cash-act-proposal-to-increase-stimulus-checks-to-2000-moved-to-the-senate/</link>
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		<pubDate>Tue, 05 Oct 2021 05:19:38 +0000</pubDate>
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					<description><![CDATA[One day after President Donald Trump signed a $900 billion stimulus bill into law, the House of Representatives voted to increase direct payments to most Americans from $600 to $2,000 per person. The bill had wide Democratic support, but failed to capture a majority of Republicans. The bill passed with just over two thirds of &#8230;]]></description>
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<p>One day after President Donald Trump signed a $900 billion stimulus bill into law, the House of Representatives voted to increase direct payments to most Americans from $600 to $2,000 per person.</p>
<p>The bill had wide Democratic support, but failed to capture a majority of Republicans. The bill passed with just over two thirds of the House voting in approval. </p>
<p>The vote won the Democratic caucus by a 231-2 margin, Republicans voted 44-130 and independents voted 0-2.</p>
<p>The legislation now goes to the US Senate, where its future is in question. Senate Majority Leader Mitch McConnell, who largely controls what legislation gets to the floor, has been mum on whether he’ll allow the CASH Act to get a vote.</p>
<p>Some Republicans in the Senate appear ready to back the proposal.</p>
<p>“I share many of my colleagues’ concern about the long-term effects of additional spending, but we cannot ignore the fact that millions of working-class families across the nation are still in dire need of relief,” Sen. Marco Rubio, R-Fla., said. “Congress should quickly pass legislation to increase direct payments to Americans to $2,000.”</p>
<p>Last week, Trump originally hinted he would not be supportive of signing the stimulus bill without changes. But with millions losing unemployment benefits and a number of hard-hit industries suffering, Trump signed the bill.</p>
<p>Meanwhile, Democrats pounced on the opportunity to increase stimulus payments to $2,000, a proposal that some Democrats called for early on in the pandemic.</p>
<p>As it stands now, most Americans making less than $75,000 a year will receive a $600 check ($1,200 for couples making under $150,000 a year).</p>
<p>"Republicans repeatedly refused to say what amount the President wanted for direct checks," House Speaker Nancy Pelosi tweeted minutes after Trump’s call for $2,000 checks. "At last, the President has agreed to $2,000 – Democrats are ready to bring this to the floor this week by unanimous consent. Let’s do it!"</p>
<p>Senate Minority Leader Chuck Schumer similarly took aim at the president on Twitter.</p>
<p>"We spent months trying to secure $2,000 checks, but Republicans blocked it," Schumer tweeted. </p>
<p>A group of progressive senators, led by <u><a class="Link" href="https://www.facebook.com/EdMarkeyforMA/posts/2651374248299559">Sens. Ed Markey, </a></u>Bernie Sanders and <u><a class="Link" href="https://t.co/LkEN3CZhrR?amp=1">Kamala Harris</a></u> weighed $2,000 per month payments to Americans amid the pandemic. That plan ultimately went nowhere.</p>
<p>Until two weeks ago, direct payments were not part of the stimulus plan. Treasury Secretary Steven Mnuchin said at the time that direct payments were "dead," and was focused on getting funds for the Paycheck Protection Program and enhanced unemployment passed. The varying levels of support for direct payments were enigmatic of the quarrels between the White House, House Democrats and Senate Republicans. </p>
<p>If the proposal to increase stimulus checks to $2,000 is signed, the overall cost of the stimulus bill would go from $900 billion to $1.36 trillion, according to House data released on Monday. </p>
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<br /><a href="https://www.wcpo.com/news/national/house-approves-the-cash-act-proposal-to-increase-stimulus-checks-to-2-000-moved-to-the-senate">Source link </a></p>
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		<title>Stimulus checks starting to make their way into bank accounts</title>
		<link>https://cincylink.com/2021/10/04/stimulus-checks-starting-to-make-their-way-into-bank-accounts/</link>
					<comments>https://cincylink.com/2021/10/04/stimulus-checks-starting-to-make-their-way-into-bank-accounts/#respond</comments>
		
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		<pubDate>Mon, 04 Oct 2021 04:49:08 +0000</pubDate>
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					<description><![CDATA[Treasury Secretary Steven Mnuchin said on Tuesday that some Americans would begin receiving $600 stimulus checks from the federal government by the end of the night. This comes two days after President Donald Trump signed into law a $900 billion stimulus package, which included the direct payments. Mnuchin said Tuesday that the stimulus checks would &#8230;]]></description>
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<p>Treasury Secretary Steven Mnuchin said on Tuesday that some Americans would begin receiving $600 stimulus checks from the federal government by the end of the night.</p>
<p>This comes two days after President Donald Trump signed into law a $900 billion stimulus package, which included the direct payments.</p>
<p>Mnuchin said Tuesday that the stimulus checks would arrive in some bank accounts via direct deposit “as early as tonight and will continue into next week.” The department will also begin sending out paper checks on Wednesday.</p>
<p><b>MORE INFO: <a class="Link" href="https://www.thedenverchannel.com/news/national/what-is-known-about-second-round-of-stimulus-checks">What is known about second round of stimulus</a></b></p>
<p>Mnuchin said that later this week, Americans can check the status of their refund payments by going to <u><a class="Link" href="https://irs.gov/GetMyPayment">this</a></u> website.</p>
<p>The stimulus bill provides most Americans making less than $75,000 a year a direct payment of $600 (couples making less than $150,000 a year will get $1,200). Heads of households making $124,500 annually also will receive the full $600. </p>
<p>The amount given per child under the age of 17 will increase from $500 to $600. Some young adults who are considered dependents will not be eligible for a payment.</p>
<p>Those making $75,000 to $87,000 ($150,000 to $174,000 for couples) will get a prorated check. Those making over $87,000 ($164,000 for couples) will not receive a check.</p>
<p>While most Americans who received a stimulus check in the spring will receive one, changes to income between 2018 and 2019 could alter payments.</p>
<p>Although the $600 checks will be welcomed relief for many Americans, the amount might come as a disappointment for some. On Monday, the House voted to increase the payments by $1,400 to $2,000. Senate Majority Leader Mitch McConnell, however, said that he will not put that bill up for an immediate vote. McConnell is hoping to leverage a repeal to Section 230 into the legislation. Section 230 was a 1996 federal code that gives websites legal protection for materials posted by users.  </p>
<p>Justin Boggs is a writer for the E.W. Scripps National Desk.<a class="Link" href="https://twitter.com/jjboggs" target="_blank" rel="noopener"> Follow him on Twitter @jjboggs</a> or on <a class="Link" href="https://www.facebook.com/justinboggswrites" target="_blank" rel="noopener">Facebook</a>.</p>
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