The $2 trillion economic recovery bill still needs to pass the House. American making less than $99,000 per year will get some amount of payment under the legislation.
bill
The bill authorizes a direct payment of $1,200 to every U.S. resident with a social security number who makes up to $75,000 per year, plus $500 per child. People who earn more than $75,000 will receive a smaller payment and the checks are phased out completely for people who make over $99,000. The most contentious provision ended up being offering $600 per week, over four months, in federal unemployment assistance to laid off employees. A small group of Republican senators argued these payments are so generous they would create a disincentive to work, and theyThis caused Sen. Bernie Sanders counter-threaten to hold up the bill unless more strict conditions were put on corporate aid. In the end the Republican group failed to get Trump to back their cause.
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