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The next battle for the third $ 2,000 stimulus check has already begun



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President-elect Joe Biden is one of the supporters of the third stimulus check, but conflict is on the horizon.

Sarah Tew / CNET

With Democrats soon to control the White House and the entire Congress, the doors have been thrown wide open to pass a big stimulus bill early 2021 with a new amount of $ 2,000 stimulus control. Or maybe not. On Friday, Senator Joe Manchin came up against a third stimulus check as unnecessary. These rules have been spoken before, but in this case there is one notable difference: Manchin is a Democrat.

With the Senate in a 50-50 split and Vice President-elect Kamala Harris as the future tiebreaker, the opposition of just one Democratic senator could diminish the party’s hopes for a third stimulus check. (For now, at least. On Friday, Republican Senator Lisa Murkowski called on President Donald Trump to step down for his role in spark a riot on Capitol Hill Wednesday, hinting she might no longer join the Republican party in the future. Democrats are moving towards impeach Trump a second time.)

“Absolutely not. No. Getting people vaccinated is job # 1,” Manchin, a West Virginia centrist, said in an interview to The Washington Post when asked about more. incentive payments. “How can the money we invest now best help us get jobs back and get people into work? And I can’t tell you that sending a new cash register will do that to someone who I already have a check. “

Shortly afterwards, Manchin seems to have softened his position. According to a reporter for NBC News, Manchin’s spokesman said he was “open” to hear the case of President-elect Joe Biden before a $ 2,000 stimulus check, but gives priority vaccine distribution. Financing to it Covid-19 vaccine is also on Biden’s agenda for a big stimulus bill – “the price tag will be high,” Biden said at a news conference Friday.

“We need more immediate help for families and small businesses, including completing the task of giving people that $ 2,000 direct payment. $ 600 just isn’t enough, ”Biden added.

Tug of war over $ 2,000 stimulus check builds on statements Biden and other Democratic leaders made Wednesday hours earlier Trump’s supporters forced their way to the Capitol. Senator Chuck Schumer, the senate leader’s designated leader, promised one $ 2,000 third stimulus check through Congress. During the chaos and devastation, with members of Congress being evacuated to a safe location for hours on end, the Senate turned from red to blue as the results of Georgia’s transition to two Senate seats were recalled in favor of the Democratic candidates.

“One of the first things I want to do when our new senators are down is deliver the checks for $ 2,000 against American families, ”Schumer said from the Senate on Wednesday.

Just hours after the statements were made, the country’s attention turned to the dramatic events on Capitol Hill and then calls from Blaming Trump for inciting mob violence and for invoking the 25th amendment to try to take his power days before Biden’s January 20 inauguration. The resignation of some of Trump’s cabinet members soon followed.

Will any of the turmoil in the nation’s capital affect a third $ 2,000 incentive check each? How could the turmoil affect the sworn Congressional Republicans on Jan. 3, and when could there be another stimulus check? We will share what we know leading up to Biden’s January 20 inauguration, as the situation develops.

The momentum behind a $ 2,000 stimulus check

The IRS may have been suspended at about two-thirds of the time second stimulus controls in front of up to $ 600 each (follow your payment here and calculate your total here), but some leaders in Washington have already pledged a third $ 2,000 stimulus check. The call for a limit of $ 2000 per eligible adult pick up where Trump, Congressional Democrats, and a few outspoken Republicans had stopped trying the $ 600 ceiling on the second stimulus check to $ 2,000..

With Democrats poised to swear in two senators in Georgia and take the majority by a hair, the party will control Congress and the Presidency, making it easier for Biden to meet his goals despite anticipated opposition from Senate Republicans .

Biden had already made it clear that he supports a third stimulus check, but had shied away from committing an amount for this week. In his early presidential campaign, he had a $ 1,200 stimulus check, modeled after the first, but more recently he left the question open.

“This bill is just the first step, a down payment,” Biden said on December 22 during the final days of negotiations on the second stimulus control. When a reporter asked if a future package would include the third stimulus check and how much money he would be looking for, Biden said, “That’s a negotiation issue … But it will, yes, it will.”

It now appears that the introduction of a cap of $ 2,000 per person in a serious way, and the confidence of a Democratic Senate, has encouraged Biden to push for the larger amount.


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How a third stimulus check could make you more money

A check for $ 600 is, of course, half of the $ 1,200 from 2020, so yes, recipients will get less money per household. But there is more to it. Because the upper limit for a second check is $ 600 per adult, with an extra $ 600 per child depending, the route the IRS formula works, more people hit the income threshold for receiving a second payment, which means they will is not actually eligible for incentive money all the way.

A third stimulus check would:

Again, a lot can depend on it who gains control of the Senate, and what the new Biden administration sees as its goals in rehabilitating an economy weakened by the corona pandemic.

The other funding could pass a new incentive law

We already know a few of them Biden’s early economic stimulus targets, which he shared as part of his presidential campaign trail. Chances are he would prompt Congress to reconsider those agenda items, in addition to several programs dropped in December $ 900 billion bill by Republicans as well as Democrats.

They can include measures such as:

  • A bigger third stimulus check that could reach more people.
  • Federal unemployment controls last March.
  • It deportation ban last January 31.
  • Postponement of payment or forgiveness of student loans for public schools.
  • More money for national, local and tribal governments.
  • More money for contact tracking, coronavirus testing and Covid-19 vaccine distribution.
  • Liability protection for companies against lawsuits related to the coronavirus.

For more information, here’s how calculate the payment of your second stimulus check, that may not qualify for a check and a primer on the five different priority groups.




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