Biden’s $1.9 Trillion Proposal Would Give Nearly $3,600 to Poorest Americans: Analysis

Biden’s $1.9 Trillion Proposal Would Give Nearly $3,600 to Poorest Americans: Analysis
People check in at a food bank held at Los Angeles Boys & Girls Club in the Lincoln Heights neighborhood of Los Angeles on Dec. 17, 2020. Jae C. Hong/AP Photo
Zachary Stieber
Zachary Stieber
Senior Reporter
|Updated:

President Joe Biden’s $1.9 trillion COVID-19 relief proposal, which congressional Democrats are moving to pass, would give nearly $3,600 in direct payments and other benefits to the poorest Americans, according to a new analysis.

Households making less than $21,300 would see an average boost of $3,590, the Institute of Taxation and Economic Policy (ITEP) said. The figure comes from a combination of three components of the proposal: a $1,400 stimulus check and the expansion of two tax credits, one for parents and another for those bringing in little income.
Google LogoMark Us Preferred on Google
Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
twitter
truth
Related Topics