Highlights of COVID-19 relief bill progressing in House

Highlights of COVID-19 relief bill progressing in House

SeattlePI.com

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WASHINGTON (AP) — A Democratic-led effort to pass a $1.9 trillion pandemic relief package has passed its latest challenge with House committees advancing measures that will soon be combined into a single bill expected to clear the full House by the end of February.

Democrats beat back hundreds of amendments from Republicans who have raised concerns that the spending is vastly more than necessary and designed to advance policy priorities that go beyond helping Americans get through the pandemic. Democrats and President Joe Biden counter that a robust aid package is necessary to prevent a long and painful recovery from the pandemic.

Their goal is to have COVID-19 relief approved by mid-March, when extra unemployment assistance and other pandemic aid expires.

A look at some highlights of the legislation moving through the House:

MORE CHECKS

The legislation provides a rebate that amounts to $1,400 for a single taxpayer, or $2,800 for a married couple that files jointly, plus $1,400 per dependent. Individuals earning up to $75,000 would get the full amount as would married couples with incomes up to $150,000.

The size of the check would shrink for those making slightly more with a hard cut-off at $100,000 for individuals and $200,000 for married couples.

Some Republicans want to cut the size of the rebate as well as the pool of Americans eligible for it, but Biden has insisted on $1,400 checks, saying “that’s what the American people were promised.” The new round of checks will cost the government an estimated $422 billion.

BIGGER TAX BREAK FOR HOUSEHOLDS WITH KIDS

Under current law, most taxpayers can reduce their federal income tax bill by up to $2,000 per child. The package moving through the House would increase the tax break to $3,000 for every child age 6 to...

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