Biden: $1,200 Checks ‘May Still Be In Play’ In Stimulus Deal

  • Date: 05-Dec-2020
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Biden: $1,200 Checks ‘May Still Be In Play’ In Stimulus Deal

Topline

President-elect Joe Biden said he believes $1,200 stimulus checks “may still be in play” as part of a $908 billion bipartisan stimulus package being negotiated by Congress, saying he supports adding the checks—which are absent from the proposal—as a progressive call for more aid to go directly to American workers.

President-elect Joe Biden speaks as he addresses the media after a virtual meeting with the National ... [+] Governors Association's executive committee at the Queen Theater on Nov. 19, 2020 in Wilmington, Delaware. (Photo by Joe Raedle/Getty Images)



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Key Facts





Biden said at a news conference Friday that the stimulus package “would be better if they had the $1,200” checks, like the ones sent out as part of the CARES Act passed in the spring, which more than 159 million Americans had received by June.





Biden's view comes after discussing the stimulus privately with lawmakers, he said, adding he is confident the latest round of negotiations will finally lead to a new package after months of deadlock.







A major holdup to