The White House has officially announced that they will be sending out $1,200 checks to adults, $500 to children

This is a satirical website. Don't take it Seriously. It's a joke.

2059 75540 Shares

This post was updated on March 31 at 2:16 a.m. ET.

The Senate has approved a bill that would provide $1,200 checks to some Americans and $500 to children.

But there are stipulations: the bill would grant $1,200 to individuals who reported up to $75,000 on their 2018 tax returns or — if they’ve already filed — their 2019 returns. Meanwhile, $2,400 would be sent to couples who filed joint taxes and made up to $150,000.

Payments will be reduced for individuals and couples making more than those amounts — until they hit a threshold. Financial assistance will not be granted to individuals making more than $99,000 and couples earning more than $198,000.

Varying amounts had been proposed last week. Treasury Secretary Steven Mnuchin had said earlier that the White House wanted to send $1,000 checks to Americans, which he said would occur over the span of three weeks.

Despite his claim, experts say such a plan will likely take longer. Douglas Holtz-Eakin, who served on President Bush’s Council of Economic Advisors and is currently president of the American Action Forum, said it would take six weeks at minimum to get a plan like this set up and executed.

“It’s not particularly efficient — people don’t update their records, and there are a lot of checks that will not find their intended recipients,” he told Marketplace.

The government will be able to send these deposits to many Americans, however, because it has your information based on W-2s and tax returns, according to Louise Sheiner, policy director for the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution.

But would undocumented immigrants qualify to receive this money?

Sheiner pointed out that many undocumented Americans do file taxes, using what’s called an Individual Taxpayer Identification Number, issued by the IRS. But in 2008, they were denied checks as part of an economic stimulus package.

“This would depend entirely on how the legislation is written,” Sheiner said over email. “We’ll have to wait and see.”

The Trump administration’s plan is part of a more than $1 trillion package to defend the economy against the COVID-19 crisis.

The plan will need to be approved by Congress. While the Senate is controlled by Republicans, Democratic leaders have expressed their disapproval with some of the Trump administration’s proposals, arguing they don’t go far enough.

“A single $1,000 check would help someone pay their landlord in March, but what happens after that?” asked Senate Minority Leader Chuck Schumer on Wednesday.

This is a satirical website. Don't take it Seriously. It's a joke.

loading Biewty

Most Popular

  1. 1

    bigfoot sighting at jackson lake campground near oak hill ohio Several eye witness reported seeing a large hairy animal of some kind near the Jackson lake campground. Local authorities are asking people to be cautious if you are planning on fishing near this area. One of the witnesses where able to snap a picture with their cell phone before the creature ran away near the Tommy Been rd area.

  2. 2

    new york city woman loses her temper, causes black hole to swallow her entire town Anna, 26, of New York City, DC was in the middle of an argument with a colleague when her temper got so out of control, it formed a small black hole, which demolished the vast majority of her neighborhood. "I just couldn't take it anymore, and unleashed my forces at the person who was irritating me. I had no idea the energy of my rage could cause such destruction," says Anna. Despite the ruination her anger has caused, Anna says she has no regrets. "I actually wish I knew I had this ability sooner!" Anna laughs. "There are a lot of people and things I could have eradicated from my life in this way."

  3. 3

    whale spotted in illinois river A humpback whale was spotted near Morris IL in the Illinois River today. The sighting comes just days after 2 Great White Sharks were seen frolicking in the same area. While not impossible, it does seem unlikely. It is thought that the whale may have followed the sharks as they sometimes do in the wild. The whale would of had to travel over 1250 miles to get to this location. The Marine Biologist Association will be in town for a full investigation. Until we have answers, we are asking folks to keep their pontoons and fishing boats docked.

  4. 4

    two great white sharks found swimming in mississippi river near saint louis, missouri. While it is not entirely impossible, it is incredibly uncommon for salt water dwelling creatures to stay for lengthy periods of time in fresh water. However, two Great White Sharks have managed to survive the trip and make their way up the Mississippi River somehow. Believed to have started as a mating couple, the two are assumed to have swam the 920 mile journey from the mouth of the Mississippi River that is connected to the Gulf Of Mexico. Officials in Saint Louis have contacted the Missouri Conservation Department and will likely have a team in the river soon to capture the two lost sharks.


Mar 2020