$2,400 for couples under US coronavirus relief
Under US coronavirus
Under the GOP leader's plan, the aid would be phased down at income thresholds of $75,000 for individuals and $150,000 per couple. Additionally, there would be $500 payments for each child. But Democrats have their own proposals for ushering aid to Americans, and even McConnell's GOP senators panned Treasury Secretary Steven Mnuchin's idea of direct checks of $3,000 for a family of four - preferring instead to use the federal dollars to keep workers who are asked to stay home on the business payrolls."What I want is income, not one check," said Sen. Lindsey Graham, R-S.C., summing up the views of some exiting a long, private meeting of GOP New york news senators on Capitol Hill. One or two checks "makes no sense to me," he said."It's not a check. It's checked. It's not a payment, it's income," Graham said. "The best thing for us to do is create an income stream."The swift-moving effort in an all-but-shuttered Capitol came as the first two lawmakers tested positive for the COVID-19 virus, others are self-isolating and the usually tradition-bound Congress faced calls to ease rules and allow remote voting.
Under US coronavirus relief plan
RELATED: How is coronavirus spread? Symptoms, prevention, and how to prepare for a COVID-19 outbreak Trump administration officials, including Mnuchin and economic adviser Larry Kudlow, are expected to return to Capitol Hill on Friday to launch bipartisan negotiations with Senate Democrats. Vast government spending of untold sums is causing unease among GOP Press Release Distribution New York Services senators whose careers have been built on halting the flow of federal dollars and trying to halt rising debts. But other Republicans said they had no choice but to provide a lifeline to Americans and small businesses.
Stimulus checks: McConnell proposes $1,200 per person,
"The government is causing this economic crisis by shutting down the country and so we're going to have to pay what it costs," said Sen. Lamar Alexander, R-Tenn., the chairman of the Health Committee The Treasury secretary said Thursday the checks would be direct-deposited into people's accounts under the plan the Trump administration has proposed to Congress. The payments would be $1,000 per adult and $500 per child so that a family of two parents and two children would receive $3,000, Mnuchin told Fox Business Network. The goal is to get that money out in three weeks, he said."That's a lot of money for hard-working Americans," Mnuchin said.
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