Republican Senators Propose "Targeted" $1,000 Stimulus Check

Republican Senators Propose "Targeted" $1,000 Stimulus Check Plan


Republican Senators Propose "Targeted" $1,000 Stimulus Check Plan
Kiplinger
2/1/2021
© Provided by Kiplinger
In an effort to reach a bipartisan COVID-relief plan, 10 moderate Republican senators are offering a more "targeted" alternative to President Biden's $1.9 trillion stimulus plan. An important piece of the Republicans' counteroffer is a third-round of stimulus checks at $1,000 per eligible person ($2,000 for married couples). This is likely to fall short of the president's expectations, since his plan calls for $1,400 payments and many Democratic lawmakers want $2,000 stimulus checks. However, Biden agreed to meet with the Republican senators on Monday to discuss their entire stimulus plan, which at $618 billion is less than a third as costly as the president's plan.

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