Senate Republicans unveil massive coronavirus bill that would include cash payments

[HEROO]

Sen. Mitch McConnell on Thursday released the Republican proposal for a massive emergency coronavirus stimulus bill, which includes direct cash payments for some Americans.

The proposal, expected to cost around $1 trillion, calls for direct payments on a tiered scale. Individuals making $75,000 based on a 2018 tax return would be eligible for $1,200 payments, or $2,400 for couples filing jointly.

The payments would decrease for those making more than $75,000, with an income cap of $99,000 per individual or $198,000 for couples. The payments will also increase $500 for each child a person or couple has.

 

 

 

However, tax payers with little or no income tax liability, but at least $2,500 of qualifying income, would only be eligible for $600, or $1,200 for couples.

The Republican proposal also includes emergency aid for small businesses and industries such as airline companies.

The direct deposits also appear to be just a one-time payment, rather than two payments as initially proposed by the White House.

The GOP proposal would provide $208 billion for loans or loan guarantees to air carriers and other distressed industries, but no more than $50 billion for passenger air carriers, $8 billion for cargo air carriers. The rest, around $150 billion, would be for other industries.

The bill also calls for extending the tax filing deadline to July 15.

[LazyRohit]

manaki enduku love da radu ga manaku

[HEROO]

1 hour ago, LazyRohit said:

manaki enduku love da radu ga manaku

Kids born here usa citizens kada they can take ?

[2020]

I think they will give for all tax payers...for each kid $500

[JambaKrantu]

19 minutes ago, 2020 said:

I think they will give for all tax payers...for each kid $500

Definitely not for H1bs or they will fasak you under public charge rule

[xano917]

20 minutes ago, 2020 said:

I think they will give for all tax payers...for each kid $500

Even if they give we should not take it . 
public charge !!

[2020]

6 minutes ago, xano917 said:

Even if they give we should not take it . 
public charge !!

😳 will they give it for only citizens and greencard holders?

what about kids who are American citizens born to immigrants?

[xano917]

7 minutes ago, 2020 said:

😳 will they give it for only citizens and greencard holders?

what about kids who are American citizens born to immigrants?

Ask trump !!

[Abhagyudu]

9 minutes ago, 2020 said:

😳 will they give it for only citizens and greencard holders?

what about kids who are American citizens born to immigrants?

And also what if the kids are in India now?

[2020]

12 minutes ago, Abhagyudu said:

And also what if the kids are in India now?

🤔 

[nightkalalu]

Nothing can save now it has to become bad before it is better

[HEROO]

2 hours ago, 2020 said:

😳 will they give it for only citizens and greencard holders?

what about kids who are American citizens born to immigrants?

Citizens e kada istharu

[kevinUsa]

2 hours ago, JambaKrantu said:

Definitely not for H1bs or they will fasak you under public charge rule

F1 vallu tesukovacha ??

if we have intention to apply for GC 

[HEROO]

Just now, kevinUsa said:

F1 vallu tesukovacha ??

if we have intention to apply for GC 

H1b avasaram ledu anukunte yes teeskovochu

[kevinUsa]

1 minute ago, HEROO said:

H1b avasaram ledu anukunte yes teeskovochu

then hell ya  will take man