profile-img
Jeff Stein

@JStein_WaPo

White House economics reporter for The Washington Post. New John Brown podcast @ https://t.co/fcYKyU9RMG. [email protected], Signal: 9178872891.

calendar_today13-07-2011 00:54:04

27,1K Tweets

141,1K Followers

2,2K Following

Jeff Stein(@JStein_WaPo) 's Twitter Profile Photo

GOP bill on immediate checks:

-- $1,200 per person ($2,400 if filing jointly)
-- $500 per kid
-- Begins to phase out above $75K
-- Phases out completely above $99K
-- Much smaller benefit, of $600, for millions w/o federal tax liability

GOP bill on immediate checks: -- $1,200 per person ($2,400 if filing jointly) -- $500 per kid -- Begins to phase out above $75K -- Phases out completely above $99K -- Much smaller benefit, of $600, for millions w/o federal tax liability
account_circle
Jeff Stein(@JStein_WaPo) 's Twitter Profile Photo

Also key: whether you qualify depends on your *2018* IRS tax returns. Some experts have asked: What if you made above the threshold then but because of coronavirus make below the threshold now?

washingtonpost.com/business/2020/…

account_circle
Jeff Stein(@JStein_WaPo) 's Twitter Profile Photo

Another key point: GOP legislation only calls for a onetime check, rather than recurring checks for the duration of the crisis as in Bennett/Brown/Booker (D) plan)

Sen. Grassley statement suggests they could revisit if necessary

washingtonpost.com/business/2020/…

account_circle
Jeff Stein(@JStein_WaPo) 's Twitter Profile Photo

joanna Jeff Stein Ernie Tedeschi They have shown repeatedly that they hate poor people. If you didn’t file you’re prob poor. So nobody in our government really cares about you

account_circle