For months, Congress promised some kind of relief from the scourge of the COVID pandemic. Much of the pain was brought on thanks to states shutting down their economies.
Millions were put out of work, in an effort that many question did anything to “slow the spread” of the virus. Meanwhile, many suffered seemingly unnecessarily.
But we were supposed to get help, right? Congress delayed attempts to provide a deal, until now.
But it looks like many won’t be getting as much as they expected. From Fox Business:
American adults who earn less than $75,000 will receive the full $600 check, while couples who earn less than $150,000 will receive $1,200. The payments will be tapered for higher-earners (5% of the amount by which their adjusted gross incomes exceeded the initial threshold) and phased out completely for individuals who earn more than $99,000 and couples who earn more than $198,000. Dependents under the age of 17 are also eligible for $600 payments.
According to reports, it looks like the average American will be getting half of what the government had been considering over the summer.
Even as working families struggle to pay their rent and feed their kids, at best they can expect to see around $2,400. That’s if you’re a family of four, with both parents working (or out of work, as the case may be).
A single adult will get around $600. A married couple that earns less than $150,000 will receive $1,200.
If you want more details, you can check out this free calculator from Omni.
Hmm… how much does the average out-of-work American owe by now? If you lost your job in April and have been unable to find anything new, you’d have thousands of dollars of debt on your shoulders.
You won’t be able to pay your rent with what the government is giving you. Should the government bail everyone out?
Of course not. But remember, we wouldn’t be in this mess if Congress didn’t ignore the virus back in January and February.
Americans were forced out of their jobs, not because of a recession, but because liberal governors shut down their states.
None of this is the fault of the American worker. Shouldn’t the government do something more than hand out petty checks?
Why aren’t they trying to get the rest of the states opened again? Why isn’t Congress pressuring California, New York, Illinois, and other states to stop their meaningless shutdowns?
That would go a long farther in “stimulating” the economy than spending trillions in debt.
- Congress passed a long-delayed COVID relief bill.
- The average American might get around $600 in relief checks.
- States continue to prolong the pandemic with shutdowns.
Source: Fox Business