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.
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