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Biden ‘comfortable’ cutting off stimulus funds for Americans making more than $80,000

Joe Biden is ‘comfortable’ cutting off stimulus funds for Americans making more than $80,000 bowing to pressure from Senate moderates

President Joe Biden is ‘comfortable’ cutting off stimulus checks to Americans who make more than $80,000, the White House indicated Wednesday, bowing to pressure from Senate moderates. 

Press secretary Jen Psaki confirmed news reports that said the president backed giving the full $1,400 to Americans who make $75,000 and giving no money to those who make more than $80,000. Same with couples who make more than $160,000. 

‘He is comfortable with where the negotiations stand,’ Psaki said. 

President Joe Biden has signed onto a deal backed by Senate moderates that would only allow $1,400 stimulus checks to go to Americans who make less than $80,000 and couples who make less than $160,000 

'He is comfortable with where the negotiations stand,' Press secrtary Jen Psaki said said during Wednesday's press briefing, confirming reports that said President Joe Biden signed on to a deal that narrowed which American households got stimulus checks

‘He is comfortable with where the negotiations stand,’ Press secrtary Jen Psaki said said during Wednesday’s press briefing, confirming reports that said President Joe Biden signed on to a deal that narrowed which American households got stimulus checks 

Couples who make less than $150,000 will receive the full amount, if the current version of the COVID-19 stimulus bill passes.   

The deal was made so that the Senate bill would maintain the $400-a-week unemployment benefit, a dollar amount that was etched out in the last COVID-19 stimulus package, passed under former President Donald Trump.  

The move stands to get Senate moderates on board, as the White House pushes to have the $1.9 trillion package passed and signed before the March 14 deadline, which is when some Americans’ unemployment benefits expire. 

Progressives didn’t want to see such tight income restrictions. 

West Virginia Sen. Joe Manchin, a Democrat and a pivotal swing vote, had originally proposed for full checks to go to adults who make $50,000 or less and that $75,000 represented the ceiling.  

The Senate could start debate on the package as early as Wednesday night. 

Lawmakers are currently awaiting a score from the non-partisan Congressional Budget Office to ensure the legislation can be passed under Senate reconciliation rules. 

This allows for Democrats to pass the bill without any Republican support, as they have 50 members and the tie-breaking vote of Vice President Kamala Harris. 

The House version of the bill, which passed early Saturday, also phased out stimulus checks, but had a higher ceiling. 

Couples making $199,000 would still get some money, as would singles who make up to $100,000. 

The two other series of stimulus checks have also been tailored by income. 

The $600 checks, which were part of the December relief package, were to be provided to adults making under $75,000, however individuals under $87,000 could see some money. 

The original $1,200 stimulus checks were given in full to adults who made under $75,000, but adults who made up to $99,000 were eligible to recieve some money.  

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