Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks (9)

Mar 17, 2020 4:58 PM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
MustangWriter
MustangWriterMustangWriterBoerne, Texas USA242 Threads 3 Polls 1,762 Posts
Shwiiiiiing!

Donald Trump wants to send cash to Americans suffering from the coronavirus crisis immediately he said at the White House Tuesday. 'The payroll tax holiday would get money to people over the next six to eight months. We're looking to send checks to Americans immediately,' explained Treasury Secretary Steven Mnuchin in the press briefing room. 'Americans needs cash now and the president wants to give cash now.' 'And I mean now - in the next two weeks,' Mnuchin added. Mnuchin said he was previewing the plan with Capitol Hill Republicans and would reveal more details later, but he suggested the amount could be more than $1,000. There would also be some income cut-offs. 'You don't need to send people who make a million dollars a year checks,' he said. Trump said of his administration's stimulus plans: 'We're going big.' Mnuchin said some tax payments can also be deferred. The White House sped up its embrace of a universal basic income-like stimulus after economic adviser Larry Kudlow told DailyMail.com Monday said the administration 'might' get behind new proposals to give cash to American households.
Mar 17, 2020 8:32 PM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
raphael119
raphael119raphael119washington d.c., District of Columbia USA19 Threads 3 Polls 5,181 Posts
Repubs are fighting the idea pretty hard, if it doesn't only go to the richest in the country it's highway robbery!

But dems and common sense will prevail hopefully.
Mar 17, 2020 10:54 PM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
bohemianjack
bohemianjackbohemianjackEast Central, Minnesota USA6 Threads 2 Polls 2,701 Posts
raphael119: Repubs are fighting the idea pretty hard, if it doesn't only go to the richest in the country it's highway robberySocialism!

But dems and common sense will prevail hopefully.
Fixed.. wave
Mar 20, 2020 12:55 PM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
MustangWriter
MustangWriterMustangWriterBoerne, Texas USA242 Threads 3 Polls 1,762 Posts
The direct cash payment plan to help Americans hurt by the coronavirus pandemic, unveiled by Senate Republicans Thursday night, would send checks of up to $1,200 per person — and payments would be based on income.
Under the plan, the details of which were revealed on the Senate floor by Majority Leader Mitch McConnell, R-Ky., individuals making up to $75,000 annually would be eligible for a $1,200 check from the federal government.
Married couples who file their taxes jointly must make less than $150,000 to qualify for their payment, which would be $2,400.
From there, according to McConnell's proposal, the payments decrease.
For individuals, the sum of the payment falls by $5 for each $100 earned over $75,000.
The payment phases out entirely for individuals making more than $99,000 annually, meaning people who make more than that will not receive any money from the federal government, according to the proposal.
For married couples earning more than $150,000, the payment also declines gradually and phases out completely for couples making more than $198,000, according to the plan.
Individuals and couples with children are eligible for an additional $500 per each child they have.
A top Senate Republican said the proposal would help people impacted by the pandemic.
"These recommendations would blunt the impact for most Americans and limit the damage to the U.S. economy," Senate Finance Committee Chairman Chuck Grassley, R-Iowa, said in a statement. "These recommendations won’t be the end of the congressional response to the coronavirus."
The income levels the government will review to make the cash payout determinations will be based on 2018 tax returns, McConnell said.
The direct cash payment proposal is part of a broader stimulus package designed to combat the economic effects of the coronavirus pandemic.
Mar 20, 2020 4:57 PM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
MustangWriter
MustangWriterMustangWriterBoerne, Texas USA242 Threads 3 Polls 1,762 Posts
I'm rather torn on what to do with mine?
Pay a bill or buy an AR-15? Decisions, decisions.
Mar 21, 2020 12:44 AM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
LaFonda
LaFondaLaFondaIrving, Texas USA1 Threads 835 Posts
I'll take the $1200.00

I don't think I'll get it.

The Dems may win and use the money for unemployment.

Let's wait and see.
Mar 25, 2020 6:25 AM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
MustangWriter
MustangWriterMustangWriterBoerne, Texas USA242 Threads 3 Polls 1,762 Posts
Mar 25, 2020 9:11 PM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
bcjennyonline today!
bcjennyonline today!bcjennysomewhere in B.C., British Columbia Canada208 Threads 899 Posts
Ugly bums those demonrats that is for sure thumbs down thumbs down thumbs down
Mar 27, 2020 1:10 PM CST Treasury Secretary Steven Mnuchin says everyone will get MORE THAN $1,000 within two weeks
CossackCat
CossackCatCossackCatSomewhere, Maryland USA492 Threads 45 Polls 9,137 Posts
LaFonda: I'll take the $1200.00

I don't think I'll get it.

The Dems may win and use the money for unemployment.

Let's wait and see.
(2:16) "When you can expect your stimulus check?"
#KPRC2 News

In 3 weeks. For 90% Of Americans
Direct Deposit or check. Applies also to Social Security if they have your 2018 or 2019 on file.
Individuals who make $99,000+ do not qualify
Couples who make $198,000+ do not qualify
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