Stimulus checks are coming. Are you receiving one?
Who Gets a Stimulus Check? By Camelia Juarez | December 22, 2020 at 7:03 PM CST - Updated December 22 at 7:04 PM
LUBBOCK, Texas (KCBD) - It has been nearly eight months since the last COVID-19 relief package, but congress has finally reached a $900 billion deal, and economic professor at Texas Tech University Michael Noel helps break it down.
“Even though it is a trillion dollars, it is only a drop in the bucket for what this economy currently needs,” Noel said.
Who will get a stimulus check and for how much?
Individuals who make less than $75,000 a year or couples who make $150,000 a year will receive six hundred dollars for each person and each dependent. For every hundred dollars someone makes above $75,000, the value of the stimulus check will go down by five dollars.