New stimulus aid plan will grant family-of-four $8,000, couples $4,000

5 days ago

US news.

The Cash Act expected to be on Joe Biden’s desk following inauguration will grant struggling Americans increased Covid stimulus aids amid the pandemic.

The Caring For Americans with Supplemental Help Act would send $8,000 to families of four and $4,000 to couples.

The new aid plan will likely pass the Congress and Senate with ease given that Democrats won the majority of the two chambers.

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  • “$600 is simply not enough when you have to choose between paying rent or putting food on the table,” Biden said. “We need $2,000 stimulus checks.”

    The upcoming Senate Majority Leader Chuck Schumer also supported the increased checks though it remains unclear if there would be a new wave of payments or a continuation to the already-sent $600 checks.

    These aids will decrease depending on individual income starting from $75,000 for single adults and $150,000 for couples.