[Breaking] $2,000 Per Month (for a WHOLE year?) Stimulus Package in Congress

The Emergency Money for the People Act press release:



Business Insider:



Eligibility:

-Every American age 16 and older making less than $130,000 annually would receive at least $2,000 per month.
-Married couples earning less than $260,000 would receive at least $4,000 per month.
-Qualifying families with children will receive an additional $500 per child – families will receive funds for up to three children.
-For example, a married couple making under $260K with 3 kids would receive $5,500 per month.
-Those who had no earnings, were unemployed, or are currently unemployed would also be eligible.
-Those who were not eligible in 2019 or 2018 but would be eligible in 2020, could submit at least two consecutive months of paychecks to verify income eligibility.
-The Emergency Money for the People Act also expands the program to millions more -Americans who were excluded from the CARES cash rebates – such as college students and adults with disabilities who are still claimed as a dependent. The individual will receive the payment and their parent or guardian will receive the dependent credit.



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