If you do more than that, you can not get a second stimulus control

The second set of payments could go out in weeks - but wage requirements may change.


The Pandemic of Covid-19 has created aUnprecedented economic crisis In the United States, but with the unemployment to a high record and an unclear track on the reopening of the main sectors of the economy, millions of Americans also feel the pressure of personal financial problems. And while the CARES Act has distributed approximately 159 million payments up to $ 1,200 each in May, the Congress currently discusses that will receive a second round of payments. Who makes the cup?If youdo more than $ 40,000 a year, there is a chance that you can not qualify for a second stimulus check,United States today reports.

Although a bill supporting the second round of payments has already been adopted in the House of Representatives, the majority leader of the SenateMitch McConnell recommend that the annual income threshold be set at $ 40,000. "I think people who have been hit the most difficult arepeople who are about $ 40,000 a year or less"Said McConnell on July 7th.

Strongreports that the cap would mean80 million Americans would be eligible To receive a second stimulus check, according toThe American Enterprise Institute. This is about half of the number of Americans who have received a stimulus check in May.

1040 income tax form and w-2 wage statement with a federal Treasury refund check. Closeup with selective focusing.
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The original invoice passed by house speakerNancy Pelosi Says that anyone earned less than $ 75,000 a year should receive a second stimulus check. This is the same cap used inThe first series of payments For anyone to receive a complete payment as applicant of the single tax.

"I think there are many families, depending on the size of the family and many different things, that the $ 40,000 should be explained, justified and the rest," said Pelosi last week when a press conference, according toStrong. "But I think the families over $ 40,000 probably need help. Once again, just according to their family situation."

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Many have argued that the second set of payments is required as $ 600 per monthImproved unemployment benefits must expire at the end of July. And for more where the economy can take a shot, check7 states that are directed to a "complete stop".

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