<p>Senate Republicans and the White House have agreed in principle on a new stimulus bill to help Americans and shore up the economy in the midst of the coronavirus, and Treasury Secretary <span class="rollover-people" data-behavior="rolloverpeople">Steven Mnuchin says the package will mirror the one in March, which gave millions of Americans $1,200.</span></p>
<p>&#8220;We&#8217;re talking about the same provision as last time, so our proposal is the exact same proposal as last time,&#8221; Mnuchin told reporters, according to <a href="https://thehill.com/homenews/senate/508674-gop-coronavirus-plan-to-include-1200-stimulus-check-for-some-individuals">The Hill</a>. He said direct payments to Americans will be the same as set out in the $2.2 trillion bill signed into law in late March.</p>
<p>Lawmakers at the Capitol said Senate Majority Leader Mitch McConnell (R-KY) is set to release the plan on Thursday. Senate Appropriations Committee Chairman Richard Shelby (R-AL) announced a “fundamental agreement” on the funding levels, The <a href="https://www.washingtontimes.com/news/2020/jul/22/coronavirus-stimulus-senate-republicans-white-hous/">Washington Times</a> reported.</p>
<p>Under the March bill passed by Congress, individuals were eligible for payments of up to $1,200, but that amount declined for those with an adjusted gross income higher than $75,000 a year, based on their 2018 tax filings. The $1,200 payment dropped by 5% of every dollar above $75,000, or $50 for every $1,000.</p>
<p>The benefit didn’t apply for individuals with incomes over $99,000.</p>
<p>Married couples with combined incomes of up to $150,000 received $2,400, subject to the same phaseout that applied to individuals. The payments were phased out entirely for couples making $198,000 or more. Families also got $500 per dependent child under the age of 16. About 120 million U.S. taxpayers qualified for direct payments from the federal government under the bill.</p>
<p>But the cap will be lowered, according to reports.</p>
<p>&#8220;The decision to stick to the March formula is a shift from over the recess, when [McConnell] appeared to signal that while Republicans would support another round of checks, the next round would include a lower income cap of around $40,000,&#8221; <a href="https://thehill.com/homenews/senate/508674-gop-coronavirus-plan-to-include-1200-stimulus-check-for-some-individuals">The Hill</a> reported.</p>
<p>&#8220;I think the people that have been hit the hardest are people who make about $40,000 or less. Many of them work in the hospitality industry. &#8230; That could well be a part of it,&#8221; McConnell told reporters in Kentucky during the two-week recess, said The Hill.</p>
<p>Speaker of the House Nancy Pelosi (D-CA) opposed the lowering of the cap. “I think families making over $40,000 probably need assistance &#8230; depending on their family situation,” she said, according to The Hill.</p>
<p>Mnuchin said a payroll tax cut, which President Trump pushed in earlier negotiations on the bill, will not be part of the new legislative package. He said the president&#8217;s &#8220;priority for the moment is to get money into Americans quickly, and one of the problems with the payroll tax cut is it takes time.&#8221;</p>
<p>The package is expected to include $70 billion for schools, $30 billion for colleges and universities, and $5 billion for governors to spend at their discretion. It will also call for $16 billion in new funding for testing, plus $9 billion that was approved in March, but not spent.</p>
<p>“We’ll have $16 billion in a line tomorrow, and $9 billion that previously was not as clearly designated that they already had will now be clearly designated as testing, so the total testing money will be $25 billion,” Sen. Roy Blunt (R-MO) told reporters, according to the Times.</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

GOP Stimulus Plan To Include $1,200 Checks For Millions Of Americans

CONTINUE READING

Vegas Family Claims Craft Crashed In Backyard, 9-Foot Aliens Emerged

Endless Pride: British Library Posts About Fish That Can Change Its Sex

Russia Taking Over Ukraine Not A ‘Top Foreign Policy Priority,’ GOP Presidential Candidate Says

America Has Spoken: There Are Two Genders. Period.

NY Times, WaPo Do Cartwheels To Spin Biden’s Clumsy Tumble; Twitterers Shred Them

Here’s The Weirdest Story You’ll Ever Read About Sen. Dianne Feinstein

News and Commentary

COVID

Mitch McConnell

Steve Mnuchin

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News and Commentary —

GOP Stimulus Plan To Include $1,200 Checks For Millions Of Americans