The second COVID-19 stimulus check could be 25.5% higher than the first one

As a way to fight the recession caused by COVID-19, many American households have received a Stimulus Check. There are ongoing negotiations to provide a second, bigger, check that could help even more families.

Even if lawmakers are still debating about a second Stimulus Check and many Republican senators don’t agree with it, the US House of Representatives has already passed a bill to provide this second COVID-19 payment. Its name is the HEROES Act, which stands for Health and Economic Recovery Omnibus Emergency Solutions.

This Act would keep the same income limits as the first Stimulus Check’s Act (the CARES Act). This means that the payments will start to phase out by $5 per each $100 over $150,000 for heads of household, $112,500 for married couples, and $75,000 for single filers.

The amount of money in the check could be 25.5% higher for the Americans that qualify, even though not everyone would necessarily receive more money. The biggest and most important difference between the HEROES and the CARES Act is related to the role of dependents.

In the first COVID-19 payment, only children under the age of 17 qualified as dependants. However, this title would be extended to others, such as elderly relatives. As many as three qualified dependents per household would be taken into account for the payment.

Another upgrade would be the money given per dependent. The previous amount, $500, would be raised to $1,200 in the second Stimulus Check. Even with a maximum of $6,000 per household, it could make a big difference for many families.

Many people would receive the same amount for the first and the second Stimulus Check; for example those without dependents. Others won’t get any money at all; like those who earn more money and don’t qualify for a payment.

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