| USA TODAY
Psaki: Biden will not watch much of indictment
White House Press Secretary Jen Psaki says President Joe Biden will not spend ‘too much time this week devoting Donald Trump’s trial to the Senate. Psaki told reporters on Monday that Biden would leave the pace, process and mechanics to Congress. (February 8)
AP
WASHINGTON – Congress Democrats reject calls from some moderate lawmakers to reduce the number of people eligible for $ 1,400 stimulus checks in President Joe Biden’s COVID-19 assistance proposal and propose a $ 75,000-a-year revenue threshold, the same threshold as the final round of $ 600 checks.
Families also receive the full amount of $ 1400 per dependent, including children and adults. According to the draft legislation passed by Representative Richard Neal, D-Mass., The chairman of the Tax Writing House Ways and Means Committee, for this third round of scrutiny would decrease faster than in previous rounds. Persons earning more than $ 100,000 and couples earning more than $ 200,000 will not receive any payment.
“Our nation is struggling, the virus is still out of control, and the American people are relying on Congress to meet this moment with bold, immediate action,” Neal said in a statement.
House committees are set to begin this week to turn Biden’s assistance plan into a bill that could become law. Democrats use a procedure called reconciliation to pass the bill. This allows them to pass the legislation more easily through the Senate, but places certain restrictions on the provisions allowed in the final bill.
Tax credit for children: Democrats propose tax credit of up to $ 3,600 per child in Joe Biden’s COVID-19 assistance plan
House President Nancy Pelosi, D-California, predicted that the House of Representatives would pass the legislation by the end of the month and that the Senate could approve it by mid-March.
The draft legislation released Monday also includes provisions in Biden’s aid plan, such as raising a federal unemployment benefit to $ 400 a week, from $ 300 in the last package until the end of August; the expansion of the earnings tax credit; and increase the child tax credit to $ 3,600 and send it out as a monthly payment.
The rejection of a lower reduction of the checks comes because the Democrats debated the suitability for the checks. Sen. Joe Manchin, DW.V., pushed for a lower $ 50,000 cut for individuals for stimulus checks, a proposal that angered progressive people, arguing that Americans suffering from the COVID-driven recession , needed more help.
Rep. Alexandria Ocasio-Cortez, DN.Y., calls a $ 50,000 threshold “totally disconnected from the reality of tens of millions of people.”
Asked about the draft legislation on Monday, Manchin told reporters on Capitol Hill: “We’re just trying to make sure people in real need are helped.”
The Senate voted 99-1 last week to add a non-binding amendment led by Manchin and Senator Susan Collins, R-Maine, to the conciliation measure to “taxpayers with higher incomes” of the stimulus withholding checks, although doing so does not define ‘higher income’.
Biden also suggested that he be prepared to change the responsibility for stimulus checks, with Finance Minister Janet Yellen saying on CNN’s State of the Union on Sunday that workers earning up to $ 60,000 must receive checks.
White House press secretary Jen Psaki asked earlier Monday about the thresholds for the checks, saying it was a ‘question’ what the threshold could be in the final package, but that ‘at this point it is still being negotiated’.