Stimulus Second Round Update Today

The second round of checks will have the same type of income phaseouts as in the cares act with the stimulus check payments reduced for earnings above 75 000 per single person or 150 000 per. Holding off on 160 billion in funding for state and local governments was key to finding support for another round of stimulus payments according to analysts at raymond james. While more than twice the size of the second stimulus check which tops off at 600 per person and adds another 600 per child dependent biden s plan for a third stimulus payment is also less.