Third Stimulus Check Could Differ From News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President Biden's plan provides a lot of help for those in need.

Would You Get a "Targeted" Stimulus Check? Kiplinger 2/1/2021 © Provided by Kiplinger The latest battle over the next round of stimulus checks is whether they should be "targeted" to people who need them the most. President Biden's $1.9 trillion stimulus package includes a third round of $1,400 stimulus checks ($2,800 for married couples filing a joint return), but his plan doesn't call for changes to the phase-out rules that deny payments to wealthier Americans. That's a problem for many Republican lawmakers…and for a few key Democrats as well. Popular Searches Although some details a...

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 check...

Shoring Up Social Security © Provided by Kiplinger For years, policymakers—and future beneficiaries—have been wringing their hands over the prospects for Social Security. And make no mistake: The program is headed for trouble. According to projections that the Social Security Board of Trustees released last April, starting in 2021 the program’s annual costs will exceed its income from employee and employer payroll taxes and interest earnings. Once the program turns that corner, Social Security will begin drawing down assets in its trust funds to continue providing full benefits. Large...