The Senate passed President Joe Biden’s $1.9 trillion stimulus package on Saturday morning, sending the amended bill back for a vote in the House followed by President Biden signing the legislation.
voted 50-to-49 to pass the “American Rescue Plan”
Press Release
Eligible Americans would receive a $1,400 stimulus payment — plus $1,400 for any dependent. Under the amended provision, a single filer making up to $75,000 would get the full payment, while those earning up to $80,000 would get a reduced amount. Joint filers making up to $150,000 would get the full $2,800, while those earning up to $160,000 would get a smaller amount. Previously, the phase-out thresholds were $100,000 for single filers and $200,000 for joint filers in the House version.
