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Third stimulus check update: IRS says about 90 million payments deposited into bank accounts

Who gets a payment?
The payments are worth up to $1,400 per person and are expected to reach 85% of households, according to the White House.
Families will receive an additional $1,400 per dependent, so a couple with two children could receive up to $5,600. Unlike prior rounds, families will now receive the additional money for adult dependents over the age of 17.
The full amount goes to individuals earning less than $75,000 of adjusted gross income, heads of households (like single parents) earning less than $112,500 and married couples earning less than $150,000. But then the payments gradually phase out as income goes up.
Lawmakers narrowed the scope of the payments this time so that not everyone who received a previous check will be sent one now. It cuts off individuals who earn at least $80,000 a year of adjusted gross income, heads of households who earn at least $120,000 and married couples who earn at least $160,000 regardless of how many children they ha ....

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Third stimulus check update: COVID relief bill with $1,400 payments poised for House floor vote

The vote will take place Friday, House Majority Leader Steny Hoyer tweeted Tuesday.
The House will vote on Friday on @POTUS’ #AmericanRescuePlan to end this pandemic and deliver urgently needed relief to America’s families and small businesses. The American people strongly support this bill, and we are moving swiftly to see it enacted into law. Steny (Wear a Mask) Hoyer (@LeaderHoyer) February 24, 2021
The House Budget Committee vote Monday was 19 to 16, with one Democrat, Rep. Lloyd Doggett of Texas, joining Republicans in voting against the relief package. However, Doggett s spokesman said in a statement the vote against the package was an accident and that Doggett supports the COVID-19 relief legislation. ....

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Third stimulus check update: COVID relief bill with $1,400 payments poised for House floor vote

The House Budget Committee voted Monday to advance President Joe Biden's $1.9 trillion relief package, setting up the legislation aimed at fighting the COVID-19 pandemic and its economic fallout to go to the House floor for a vote later this week. ....

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Third stimulus check update: House Budget advances COVID relief bill with $1,400 payment for many Americans

The House Budget Committee voted Monday to advance President Joe Biden's $1.9 trillion relief package, setting up the legislation aimed at fighting the COVID-19 pandemic and its economic fallout to go to the House floor for a vote later this week. ....

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