McConnell floated $40,000 income cutoff for stimulus checks that could leave out 20 mill... - Business Insider

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Mitch McConnell floated a $40,000 income cutoff for a 2nd round of stimulus checks. That could leave out 20 million Americans who benefited from the first wave.

The top-ranked stock-picker in small companies has returned 13 times more than his peers this year. He breaks down the 5 little-known stocks he's using to bet on the 5G and work-from-home revolutions.

Plenty of details are still missing from the figure McConnell suggested. It's not clear whether that represents the new cap Republicans will seek or what the income threshold would be before the payment phased out. McConnell's office did not respond to requests for comment. "The people being left out when you lower the threshold to $40,000 are not rich, high-income families," Tedeschi said. We're talking about people between $40,000 and $75,000 if you're single and $80,000 and $150,000 if you're married. We're talking about solidly middle-class families in those cases."

On top of significantly buttressing personal finances during a period of extraordinary uncertainty, the government cash prompted a quicker consumer spending rebound among lower- and middle-income households.

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MitchMcConnell is wearing a facemask. Please take quick POLL: Should the Trump administration declare Covid-19 USA a national security threat? (comments also welcome)

MoscowMitch just wants more Americans on the streets homeless so he can put more money into law enforcement and private prisons to help his rich donors and his wife’s family at the expense of the rest of us especially black and brown minorities.

People on welfare in Boston make over $40k

And no income cut off for lobbyist and corporations

But he’s okay with his wife’s family taking home millions of money from OUr PPP CB loans.... AmericanLooters

Jelly?

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