US – After more than two months of arguments and fighting over the covid-19 third stimulus bill both the house and senate have passed the long awaited 1,400 dollar bill.
Not everyone will get the monies like last time House and Senate versions of the bill agreed that individual tax filers making up to $75,000 per year will get $1,400. Couples, who file jointly, making up to $150,000 will get $2,800. There will also be $1,400 tacked on for each dependent in the household.
Democrats aimed to get the bill passed before March 14th when many aids run out including unemployment and pandemic aid expires.
Checks for the stimulus money should start rolling out soon, and most Americans should have money the same way as the last two stimulus checks. It should be within two weeks of the signing of the bill, IRS may have a little delay due to tax refunds going out at the same time.
President Biden first claimed he would send out 2,000 during runoffs in Georgia, “”Their election will put an end to the block in Washington of that $2,000 stimulus check. That money that will go out the door immediately.” Since then Biden has backed off that statement and said that the previous 600 dollars passed by Congress and President Trump counted towards his original statement.