Nearly 160 million U.S. households to get virus stimulus checks: White House By Reuters

© Reuters. Press Secretary Jen Psaki and Secretary of Veterans Affairs Denis McDonough hold a briefing at the White House in Washington

WASHINGTON (Reuters) – A total of 158.5 million households would receive direct payments under the Senate version of a $1.9 trillion coronavirus stimulus bill, the White House said on Thursday.

White House spokeswoman Jen Psaki told reporters that the figure, crunched by the National Economic Council, means that 98% of the households that received payments in December would get checks under the stimulus.

The stimulus package passed the Democratic-led House of Representatives and is soon to be debated in the Senate, with Republicans opposed.

With no votes to spare, Democrats are tweaking the bill to ensure that all 50 of their members support it, including by raising the salary threshold for qualifying households.

President Joe Biden wants to sign legislation as soon as possible to provide relief to millions of people suffering economic dislocation from the pandemic, Psaki said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*