Trump Backs Second Stimulus Checks Higher Than $1,200; Who Can Receive the Payments?
U.S. President Donald Trump has voiced his support for another round of COVID-19 stimulus checks on Wednesday.
During Trump's conversation with Fox Business' Blake Burman, the right-wing leader said he wanted an amount more massive than the $1,200 proposed by Democrats.
"I want the money getting to people to be larger so they can spend it. I want the money to get there quickly and in a non-complicated fashion," Trump said.
The president also mentioned his hopes to include a $600 bump in unemployment benefits in the next round of relief checks. The measure has since been criticized by Republicans who believe the amount of payment would deter unemployed Americans to seek out jobs.
Weekly Coronavirus Benefits
Trump's statement came after Democrats in the Senate proposed an extension to the temporary aid given to U.S. residents who lost their jobs due to the COVID-19 pandemic.
The $600 weekly payments, which began late-March and are set to expire on July 31, would be extended until jobless rates fall below 11 percent. As of June 5, the unemployment rate was at 13.3 percent.
Many workers have begun returning to their jobs after numerous states started lifting their coronavirus restrictions. However, the recent surges and emerging hot spots in the South and West caused some governors to suspend the phased reopenings.
The Democrats also passed the Heroes Act bill that included an expanded stimulus payment package. If signed into law, families would receive up to $6,000. Dependents would also be eligible to receive over $1,200, as reported by CNBC.
It is expected adult dependents and undocumented immigrants would also be included in the next relief payments.
Receiving Benefits
In May, it was revealed the Heroes Act proposal included broad financial benefits to individuals, families, and categories that were left out in the first coronavirus relief package. While details have yet to be confirmed, Senator McConnell said the Senate might start work on the next package this month, as reported by Cnet.
Who could potentially qualify for the second payments?
Individuals who earned less than $99,000 according to their 2018 or 2019 taxes
College students, disabled relatives, and a taxpayer's parents
Families of up to five people
Recipients of Social Security Disability Insurance (SSDI)
Non-Americans who file tax returns or pay taxes
Who would be skipped by the second check?
It is possible the new stimulus package could only go towards giving tax credits and other incentives to businesses instead of distributing direct payments to individuals.
The next round of payments might also exclude people who make more than a certain amount. The bill could carryover exclusion from the first stimulus payments: people between the ages of 18 and 24, non-Americans who pay taxes, and people who are incarcerated.
Want to read more?
Subscribe to Latin Post!
Sign up for our free newsletter for the Latest coverage!