May 27, 2021

Congress mulls tightening eligibility for stimulus checks

Congress is eyeing tightening eligibility requirements on qualifying for the next stimulus check as it crafts its $1.9 trillion coronavirus relief bill. President Biden is proposing a $1,400 stimulus check as part of his plan that is being used as the framework for the legislation on Capitol Hill. Democrats pledged that if they won the Georgia runoff elections, and the Senate majority, that they would quickly deliver more assistance. But there’s discussion about potentially making the third round of checks more targeted amid bipartisan concerns that, without changes, high-income households who weren’t previously eligible could get some form of payment. House Majority Leader Steny Hoyer (D-Md.) said that the thresholds for the next round of stimulus checks can be adjusted and are under discussion.  “I think that’s what most people have raised the issue on, both in the Senate and in the House. I, frankly, think that that is correct,” Hoyer said. “I don’t want to speculate on the figure or a figure, but I think that may well be under consideration for adjustment from the one that was passed in December.” Read more