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House approves $2,000 stimulus checks — here's what happens next

Business firm approves $2,000 stimulus checks — hither's what happens next

TK
(Image credit: Getty Images)

The second stimulus check moved closer to rise from $600 to $two,000 after the House of Representatives voted overwhelmingly in favor of an increase.

The measure, which is dissever from the main relief bill President Trump signed into police force on Sun, now faces dubiety in the Senate following the vote late on Monday – though Democrats have vowed to bring it to the floor.

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President Trump had signed the relief bill despite arguing that the $600 stimulus check amount it included was too low, and should be raised to $2,000. This prompted House Democrats to push for the new measure, which passed the lower chamber in a 275-134 vote.

It's unclear, nevertheless, whether Senate majority leader Mitch McConnell will bring the measure to the flooring — and if he did, whether plenty Republicans would vote in favor for it to pass. McConnell made no mention of attempting to increase the payment amount in his statement on Trump'due south relief bill signing, and Senate Republicans may find themselves stuck between loyalty to the President — an unlikely marry to the Democrats in supporting $2,000 checks — and previously expressed beliefs that the cost of any stimulus measures should not grow higher.

Democrats, meanwhile, take committed to forcing the vote. Senate minority leader Chuck Schumer and House Speaker Nancy Pelosi have both demanded a Senate floor vote, and independent Vermont Sen. Bernie Sanders has threatened to veto a divide vote (on overriding Trump'southward veto of the recent defence spending nib) unless a vote on $2,000 checks takes place.

Whatever happens volition need to happen quickly, as the IRS has a January 15 borderline to send out direct payments. As it stands, American taxpayers who reported an adapted gross income up to $75,000 on their 2019 revenue enhancement returns will receive $600; this is the amount that could potentially increment, should the Senate hold a favorable vote. The head of a household making up to $112,500, or couples who brand up to $150,000 a twelvemonth, volition too receive a cheque for $one,200 under the electric current relief pecker. Parents may also receive $600 for each dependent child.

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James is currently Hardware Editor at Rock Paper Shotgun, but before that was Audio Editor at Tom's Guide, where he covered headphones, speakers, soundbars and anything else that intentionally makes noise. A PC enthusiast, he besides wrote computing and gaming news for TG, ordinarily relating to how hard information technology is to find graphics carte du jour stock.

Source: https://www.tomsguide.com/news/stimulus-check-2-house-passes-measure-on-dollar2000-payments

Posted by: martinezbither.blogspot.com

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