But first, the bill has to go back to the other side of the Capitol, where the House — which already passed its own version of the bill — is scheduled to vote Tuesday to approve the changes made in the Senate. That vote is expected to succeed on a party line, as it did in the Senate, with a narrow Democratic majority.
Only after the House passes the Senate version would it land on Biden’s desk.
The payments do not go all out at once. Those whose bank information is on file with the IRS would likely get the money first because it would be directly deposited into their accounts. Others may receive paper checks or prepaid debit cards in the mail.
This time, individuals earning less than $75,000 and couples earning less than $150,000 would receive the full $1,400 payment, plus an additional $1,400 per dependent. But the third round of checks would phase out faster than earlier payments — completely cutting off individuals who earn more than $80,000 a year and married couples earning more than $160,000, regardless of how many children they have. Payments would reach about 90% of families, according to an estimate from the Penn Wharton Budget Model.
Unemployment benefits
As for…
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