Biden Agrees to Limit $1,400 Stimulus Check Eligibility
Biden Agrees to Limit $1,400 Stimulus Check Eligibility. Senate Democrats reportedly struck a deal with the president which would allow fewer people to receive $1,400 stimulus checks. Individuals and couples who make up to $75,000 and $150,000, respectively, will still get the full amount. Payments will then reduce and be cut off at $80,000 for individuals and $160,000 for couples. Previously, the cutoff amounts were $100,000 for individuals and $200,000 for couples. Taxpayers filing as head of household will be eligible for the full amount if they make less than $112,500, with payment zeroing out at $120,000. $400-per-week federal unemployment benefits are expected to remain. The Democratic-controlled Senate could hold a final vote by the end of the week
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