Cutting off stimulus checks to Americans earning over $75,000 could be wise, new data suggests
Cutting off stimulus checks to Americans earning over $75,000 could be wise, new data suggests Heather Long, The Washington Post Jan. 26, 2021 FacebookTwitterEmail WASHINGTON - As President Joe Biden pushes for another round of stimulus payments for most Americans, calls are escalating to target the aid solely to low and moderate-income families, and new data suggests that it would provide the most needed and effective boost for the economy. Families earning under about $75,000 typically spend the money quickly, according to a new analysis of how Americans are using the $600 payments this mo...
Source: ctpost.com