Coronavirus stimulus checks: Many Americans would get more in GOP’s second round of payment – By Denitsa Tsekova (Yahoo Money) / July 28 2020
Americans who got a first stimulus check would likely get a second one under the GOP’s new proposal. In several instances, some individuals would get more money.
The Republican plan unveiled on Monday proposes sending a second wave of stimulus checks of up to $1,200 to Americans, plus an additional $500 for any dependent — a key departure from the first round.
That means parents of older high schoolers and college students claimed as dependents would get the bonus, as well as those taking care of elderly loved ones who are dependents. In the first wave of payments, parents of child dependents under 17 were the only ones who got the extra $500.
“We also include, in the additional $500 for each dependent, some people that we didn’t intend to leave out last time, but we did,” Sen. Chuck Grassley (R-IA) said from the Senate floor on Monday. “So regardless of age, some of these dependents will now be helped.”
The Democrats’ stimulus check plan under the HEROES Act also proposed that taxpayers would receive the extra dependent bonus for any dependent claimed on their tax return. However, the proposal also suggested a larger benefit of $1,200 per dependent, instead of $500.
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