Republicans and Democrats are both interested in including a second round of stimulus checks in the next coronavirus relief bill, but they are looking at different parameters for the payments.
House Democrats passed legislation in May that would keep the same income limits as the payments that have already largely been distributed, while Republicans have suggested that they may provide for lower limits in a forthcoming proposal.
Under the law passed in March that established the first round of payments, individuals with incomes of up to $75,000 and married couples making up to $150,000 qualified for the full amount, with the amount reduced for those with higher incomes. Individuals with incomes above $99,000 and married couples with no children and incomes above $198,000 are not eligible for any payment. Continue reading.