Stimulus check update — here's who might get $1,400 check under Biden plan

Stimulus cheque update — here'due south who might become $ane,400 check under Biden programme

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Despite hearing out Republican senators who want to reduce the amount Americans would get with a third stimulus check, President Joe Biden is standing firm on his proposal for $1,400 directly payments. Notwithstanding, the White House may be willing to narrow the guidelines and then that fewer people volition be eligible for the checks.

On Monday (Feb. 1), Biden met with 10 moderate GOP senators to discuss a $618 billion alternative to his larger, $1.9 trillion stimulus relief plan. The Republican lawmakers want to provide $1,000 checks to lower-income taxpayers making up to $40,000 per year ($80,000 for families), with payments phasing out completely for those earning more than $50,000 and $100,000, respectively.

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Third stimulus check: Republicans want to give Americans less money
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The Washington Mail service reports that Biden doesn't want to lower the amount from $ane,400 to $ane,000, but his administration may be open to lowering the income cap from the proposed $75,000 for individuals and $150,000 for couples.

Those were the same income caps for the first two stimulus checks. If the same pro-rating formula were likewise practical, some coin would go to those earning up to $103,000 and $206,000, respectively.

1 alternative Democrats are discussing is phasing out $one,400 payments for individuals earning more than than $50,000 and couples making more than $100,000, with smaller checks going to those just slightly higher up these caps. Lawmakers are besides considering whether to send an boosted $1,400 per child.

Who would get what?
	Biden's original plan	Senate GOP proposal	Culling White House plan
Cheque corporeality	$1,400	$ane,000	$one,400
Income cap for individuals (full amount)	$75,000	$40,000	$50,000
Income cap for married couples (full corporeality)	$150,000	$lxxx,000	$100,000
Income cap for prorated checks (individuals/couples)	Probably $103,000/$206,000	$fifty,000/$100,000	Not divers

What's next?

The dorsum-and-forth between the White Firm and Senate Republicans is due in role to Biden'southward want to pass bills with bipartisan back up, even for a tertiary round of stimulus relief. However, Republicans are resistant to the total cost of the initial White House proposal and many of the provisions included in it.

Democrats have continued to movement ahead with the budget-reconciliation process, which would push the bill through the Senate without the standard 60 votes needed to bring it to the flooring.

Then why the sudden push for lower income caps if the Democrats can laissez passer the unabridged Biden bill without GOP support? Because at least 1 Democratic senator, Joe Manchin (D-West Virginia), wants more than "targeted" stimulus checks, with less coin going to higher-income people. With a 50-50 Senate, the reconciliation procedure needs his vote.

Manchin initially opposed Biden'southward $1,400 checks and said he wanted a smaller amount. But he now says he's on lath with the Biden plan, which gives the Democrats the green light they need to go on with reconciliation.

Manchin publicly inverse his mind about the $1,400 corporeality the solar day afterwards West Virginia Gov. Jim Justice, a Republican, expressed back up for more than stimulus relief, saying Congress should "become big."

Manchin may also have sensed the mood of the state. Americans of both parties overwhelmingly support the plan for $1,400 stimulus checks: 64% of Republicans and 90% of Democrats endorse the amount, co-ordinate to a new poll from Quinnipiac University.

However, far fewer Republicans (37%) and fifty-fifty more Democrats (97%) say they are on lath with Biden'due south overall relief program.

Emily Long is a Utah-based freelance writer who covers consumer technology, privacy and personal finance for Tom's Guide. She has been reporting and writing for nearly 10 years, and her piece of work has appeared in Wirecutter, Lifehacker, NBC BETTER and CN Traveler, among others. When she'due south not working, you can observe her trail running, education and practicing yoga, or studying for grad school — all fueled by java, obviously.