Why could 12 million adults be left out of the $1,400 stimulus checks?

Democrats are rushing to pass their $1.9 trillion coronavirus relief plan next week and send it to President Joe Biden’s desk for his signature before key unemployment programs before expire on March 13. Why could 12 million adults be left out of the $1,400 stimulus checks?

The 1.9 trillion American Rescue plan that Congress Democrats aim to pass next week includes the third round of stimulus checks that are set to go out once Washington lawmakers finalize the Covid relief bill.

However, according to reports that President Joe Biden has agreed to lower the income levels at which those payments are capped, fewer people could see the money.

Like the previous two rounds of stimulus checks, full direct payments would go to individuals with an adjusted gross income of up to $75,000, heads of household with up to $112,500, and married couples who file jointly with up to $150,000, but the third stimulus checks will phase out at lower thresholds than the first two.

Originally, the new checks were set to be capped at $100,000 for individuals, $150,000 for heads of household, and $200,000 for married couples, based on the bill the House of Representatives passed Saturday, but that could change, based on new terms set by the Senate.

Under the new terms of eligibility, the payments would be capped for individuals earning $80,000, heads of household with $120,000, and married couples with $160,000.

This means fewer Americans with incomes above the thresholds for the full payments will receive checks and, according to estimates, this could affect roughly 11.8 million.

To pass the relief bill under budget reconciliation, Blue Party leaders cannot lose a single vote among the 50 members of the caucus, so they limited eligibility for the checks to appease centrist lawmakers and count on their support.

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