Among the provisions included is a second round of checks that would gradually phase out for individuals, head of households and joint filers whose adjusted gross incomes exceed certain amounts.
on Friday would provide most Americans with a second round of $1,200 checks for individuals and up to $6,000 for families. However, the legislation will not pass the Republican-controlled Senate in its current form.
Among the provisions included is a second round of checks that would gradually phase out for individuals, head of households and joint filers whose adjusted gross incomes exceed $75,000, $112,500 and $150,000, respectively. Economic stimulus checks are prepared for printing at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania.Only one Republican, retiring Rep. Peter King of New York, backed the measure because of the state and local aid. Most Republicans vocally labeled the package a"wish list" filled with unrelated pandemic provisions.
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