Joe Biden's $1,400 Checks to Battle COVID-19: Not Effective?
Joe Biden's $1,400 Checks to Battle COVID-19: Not Effective? Joe Biden’s proposal offers $1,400 direct payments per person, but his administration didn’t specify income eligibility requirements. Under Democrats’ current plans, the check would begin to decline at $75,000 for individuals and couples making $150,000 a year. The majority of direct funds pumped into the pockets of Americans under President Joe Biden’scoronavirus relief proposal for $1,400 stimulus checks would sit in household savings, according to an analysis conducted by the Penn-Wharton Budget Model (PWBM). PWBM estim...
Source: nationalinterest.org