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WASHINGTON — Senate Democrats plan to give $1,400 checks to fewer people under a deal struck with President Joe Biden, according to two sources familiar with it.
Every American who filed individually and makes up to $75,000 will still get the full amount before it begins to reduce at incomes above that. But rather than zeroing out at $100,000 earnings, as the last Covid-19 relief bill does, the Senate bill will cut off payments at $80,000, the sources said.
For couples filing jointly, incomes up to $150,000 will still get the full amount. But rather than zeroing out at $200,000, the Senate bill will cut off payments at $160,000 in earnings.
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