New Analysis Supports Limiting Third Stimulus Check To People Earning Under 75K
Some lawmakers have voiced concern that Biden’s proposal does not target American families in need and have called for direct payments to be sent only to households that make less than $75,000 per year. Biden’s plan would provide direct payments to most American households, including some classified as high-income. According to data from the Opportunity Insights Economic Tracker, January’s stimulus payments of $600 had little effect on spending for higher-income households....