Feb 12, 2021
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About this Deal
Congress should lower the top-income threshold for married couples to receive a $2,800 stimulus check to $100,000 from $150,000 because it would help the vast majority of households make ends meet at significantly less cost to the federal government, according to an analysis by Morning Consult.
“If we can find the smallest group of people to get the smallest amount that avoids the most harm, that’s a no-brainer,” says Morning Consult economist John Leer.
For more than 30 million Americans who are struggling amid the COVID-19 pandemic and economic crisis, their expenses outpaced their income last month.
President Biden’s proposed $1.9 trillion COVID-19 relief measure would send $1,400 checks to individuals earning up to $75,000 and $2,800 to married couples earning up to $150,000. People with higher earnings would get smaller checks as their incomes climb until a phaseout for wealthier households.