Current Events > Biden open to targeting checks based on 2019 income

(+) Yeah! (+)

https://nyti.ms/2MU16zj

President Biden told House Democrats on Wednesday that he would not agree to scale back the $1,400 direct payments to many Americans that are a centerpiece of his $1.9 trillion stimulus package, but would consider restricting them to lower-income individuals as Republicans have proposed.

We cant walk away from an additional $1,400 in direct checks, because people need it, Mr. Biden told the lawmakers on a private conference call, according to two people who participated. Im not going to start my administration by breaking a promise to people.

But he added: We can better target the number Im OK with that.

Mr. Bidens comments came as Democrats pressed forward with their budget resolution in Congress, laying the groundwork to use a procedural maneuver that could eventually allow them to push through the presidents sweeping pandemic aid plan without Republican support. It was part of a two-track strategy that Mr. Biden and Democratic leaders were employing to speed through the relief package: show Republicans that they have the votes to pass an ambitious package with only Democratic backing, but offer to negotiate some details in hopes of gaining Republican support.

We need to act fast, Mr. Biden told the Democratic lawmakers, according to the people, who detailed the private conversation on condition of anonymity. Its about who the hell we are as a country.

Some Republicans have argued that the next round of stimulus checks should go to Americans most in need. Under Mr. Bidens plan, the full $1,400 payment would be limited to individuals earning no more than $75,000 a year, but those with higher incomes would receive smaller checks.

The presidents signal that he was open to compromise on the matter came a couple of days after he met at the White House with 10 Republican senators who are seeking a $618 billion package they said could win bipartisan backing. Their proposal calls for checks of up to $1,000 that would go only to individuals earning less than $50,000 a year, with the full payment limited to those whose annual income was $40,000 or below.

Later, Mr. Biden met separately at the White House with Senate Democrats and again discussed narrowing eligibility for the checks.

We did have a conversation about the direct payments and how those might be modified in a way to ensure theyre targeted, said Senator Chris Coons of Delaware, who attended the hourlong session.

On the call with House Democrats, Mr. Biden said he was not married to a particular, absolute number on the overall stimulus package.

We can make compromises on several of the programs, he told them, adding, we have to take care of the people who are hurting.

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Lol

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Next meeting, he's going to research a stimulus plan based on how many PSN trophies and Xbox achievements people earned in 2020.

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Austerity will crush us all.

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Jagr_68 posted...

Next meeting, he's going to research a stimulus plan based on how many PSN trophies and Xbox achievements people earned in 2020.

And after that, they'll distribute checks based on how many likes our Youtube comments get on average.

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What a fucking joke

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Sux that 2019 taxes is the best metric they have. A lot can change since then.
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lol

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lilORANG posted...

Sux that 2019 taxes is the best metric they have. A lot can change since then.

A calculated cop-out to avoid helping people laid off due to the pandemic.

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Oh, now republicans like wealth redistribution.

this is bullshit. We want Trump back.

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https://www.youtube.com/watch?v=A-sA-NqMlvI

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Any word on whether adult dependents (college students) are included this time?

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Will the target be above or below my income level? That will determine whether or not this stimulus bill is trash.

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Even If it's based on 2019, it's a 2020 credit so if you were over 2019 and not I'm 2020 then you get to claim on your return. If you were over 2020 and not in 2019 then you get to keep the "extra" you got. Seems like a win win in that part.

Kind of dumb they are scaling back the income level tho.

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Bump

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We went from people need this to live! to why aren't people making well above the median income getting it???? real fast.

Broseph_Stalin posted...

We went from people need this to live! to why aren't people making well above the median income getting it???? real fast.

People who were making middle class incomes before the economic crisis this relief was meant to address, you mean.

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I'm not good at math but...that sounds like less than $2000

Especially for someone like me who, as many, lost my job and made a lot less money last year then I did in 2019

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Christian RULES posted...

this is bullshit. We want Trump back.

Who's "we"? Uneducated racists who gobble up conspiracy theories and shouldnt be trusted to vote for the next American Idol, much less government leaders?

Speak for yourself and where money

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Butterfiles posted...

I'm not good at math but...that sounds like less than $2000

You're not. $600 + $1400 = $2000

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this is a fucking clown show

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Lmao member when people kept preaching Biden was for the people. Lol. What a joke that was

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Irony posted...

You're not. $600 + $1400 = $2000

Huh, sounds like their exact words were "$2,000 Checks Will "Go Out the Door" if Democrats Win in Georgia"

That don't sound like what's being proposed now, and those slim margins that Biden won by will remember it. People were promised 2k, not some $1,400 to even out the rest of the last check. That was never brought up before hand.

https://www.kiplinger.com/taxes/602032/third-stimulus-check-biden-says-2000-checks-will-go-out-the-door-if-democrats-win-in-georgia

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I'm still cool with this.
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This must be that good ol bipartisan compromise that the Dems keep talking about.

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NinjaWarrior455 posted...

This must be that good ol bipartisan compromise that the Dems keep talking about.

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Depends on what the cutoff is but I don't see this as a big deal

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Using 2019 as a basis is terrible since what matters is how 2020 affected people.

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they targeted paychecks

paychecks

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Doom_Art posted...

Depends on what the cutoff is but I don't see this as a big deal

Can you maybe think of some big event that happened in 2020 that may have affected peoples incomes

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Sounds good to me.

We're already spending stupid amounts of money. Target the people who actually need it.

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Squall28 posted...

Sounds good to me.

We're already spending stupid amounts of money. Target the people who actually need it.

You can't meaningfully do that on the basis of 2019 incomes.

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Irony posted...

You're not. $600 + $1400 = $2000

okay so? $600 + $2000 = $2600, which we'd have if he kept his explicit promise of $2000 checks and still wouldn't be enough to fix even half of the lives ruined by covid.

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Antifar posted...

You can't meaningfully do that on the basis of 2019 incomes.

Idk, feel like it would work on average. But overall I agree that targeting payments based on salary is just kind of stupid. Far too much effort and controversy when the tail really constitutes a small area.

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Then because of "research" the checks will take longer. This is a joke to them.

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Also just, politically speaking, you're going to get much more flak from people who were expecting checks (because they received the previous two) missing out, or people in need of assistance not getting it, than you ever would from the five debt dweebs actually upset at the idea of helping more people.

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Antifar posted...

Also just, politically speaking, you're going to get much more flak from people who were expecting checks (because they received the previous two) missing out, or people in need of assistance not getting it, than you ever would from the five debt dweebs actually upset at the idea of helping more people.

Actually a majority of Americans support means testing the stimulus checks but I understand the progressive grifters you get your opinions from are really upset they might not get a check because they make well over the median income.

I think we should means test public education and infrastructure. We shouldn't waste money helping everyone when we can waste time and money determining cutoffs.

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they cant help themselves

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Orchestrion posted...

Austerity will crush us all.

ultimate reaver posted...

they cant help themselves

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