US: The House Has Voted To Increase Stimulus Checks To $2,000

The House of Representatives has voted to increase the latest round of Covid-19 stimulus checks from $600 to $2,000. Even though President Donald Trump supports the move, it is unlikely to get far in the Senate.

On Monday, House Speaker Nancy Pelosi held a recorded vote on a standalone bill to increase “economic impact payments”  in other words, stimulus checks to $2,000. House Democrats attempted a vote by unanimous consent on the matter on Christmas Eve, but it was blocked by House Republicans. This time, it passed the House by a 275-134 vote.

The $900 billion stimulus package passed by Congress last week and signed into law by President Trump on Sunday has in it stimulus checks for $600 for individuals who made up to $75,000 a year in 2019, or $1,200 for couples who made up to $150,000 as well as an additional $600 per child. Many politicians, activists, and experts have called for that number to be higher under the CARES Act in the spring, stimulus checks were for $1,200 for individuals.

Negotiators settled on $600, and the general belief was that Trump agreed with whatever Treasury Secretary Steven Mnuchin, who called the bill “fabulous,” agreed with. But then after Congress passed the bill and went home, Trump released a video on Twitter slamming it as a “disgrace” and calling for checks to be bumped up to $2,000.

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *