[ANT] New comment on President Donald Trump signs historic $2 trillion ....
Erin Burnett has left a new comment on your post "President Donald Trump signs historic $2 trillion ...":
Key provisions in the stimulus
A centerpiece of the stimulus package is that it will provide direct financial assistance to Americans in the form of checks with the amount received based on income.
Individuals who earn $75,000 in adjusted gross income or less would get direct payments of $1,200 each, with married couples earning up to $150,000 receiving $2,400 -- and an additional $500 per each child.
The payment would scale down by income, phasing out entirely at $99,000 for singles and $198,000 for couples without children.
In addition, the bill would provide billions of dollars in aid to hard-hit hospitals struggling to deal with the outbreak as well for state and local governments that are cash-strapped due to their response to coronavirus.
One point of contention in negotiations centered around a fund for distressed industries, with Democrats worrying that there would not be adequate oversight. In a compromise move, the final deal provides for accountability through an independent Inspector General and congressional oversight panel.
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Posted by Erin Burnett to ANT at March 28, 2020 at 10:02 AM
Key provisions in the stimulus
A centerpiece of the stimulus package is that it will provide direct financial assistance to Americans in the form of checks with the amount received based on income.
Individuals who earn $75,000 in adjusted gross income or less would get direct payments of $1,200 each, with married couples earning up to $150,000 receiving $2,400 -- and an additional $500 per each child.
The payment would scale down by income, phasing out entirely at $99,000 for singles and $198,000 for couples without children.
In addition, the bill would provide billions of dollars in aid to hard-hit hospitals struggling to deal with the outbreak as well for state and local governments that are cash-strapped due to their response to coronavirus.
One point of contention in negotiations centered around a fund for distressed industries, with Democrats worrying that there would not be adequate oversight. In a compromise move, the final deal provides for accountability through an independent Inspector General and congressional oversight panel.
Unsubscribe from comment emails for this blog.
Posted by Erin Burnett to ANT at March 28, 2020 at 10:02 AM
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