The HEALS Act: More U.S. Debt
Posted: Tue Jul 28, 2020 12:15 pm
Stimulus check: Are you eligible to receive the next $1,200?
The Senate Republicans' HEALS Act would follow the payment guidelines set out in the CARES Act: "We are going to continue the economic impact payments that were made in April and May," Senator Chuck Grassley said Monday. But Grassley said under the HEALS Act, more people would qualify.
"[The bill] includes just a few people that were unintentionally left out of the last one. Mostly dependents, college and adults, that are somebody else's dependents," he said.
Here's who would qualify for a HEALS Act payment:
A single US resident with an adjusted gross income less than $99,000.
Head of a household earning under $146,500.
Couple filing jointly without children and earning less than $198,000.
A dependent child or adult.
Read more: https://www.cnet.com/personal-finance/s ... d-to-know/
The Senate Republicans' HEALS Act would follow the payment guidelines set out in the CARES Act: "We are going to continue the economic impact payments that were made in April and May," Senator Chuck Grassley said Monday. But Grassley said under the HEALS Act, more people would qualify.
"[The bill] includes just a few people that were unintentionally left out of the last one. Mostly dependents, college and adults, that are somebody else's dependents," he said.
Here's who would qualify for a HEALS Act payment:
A single US resident with an adjusted gross income less than $99,000.
Head of a household earning under $146,500.
Couple filing jointly without children and earning less than $198,000.
A dependent child or adult.
Read more: https://www.cnet.com/personal-finance/s ... d-to-know/