Committees in the U.S. House of Representatives continue to work on a COVID-19 relief package that Speaker Nancy Pelosi says she hopes will be completed by the end of the month.
“We hope to finish our markups in committee this week and then send it (the stimulus bill) to the budget committee next week for them to work their will on it, then to the rules committee, and then to the floor, and we hope to have this all done by the end of February,” Pelosi said last week.
The timing of the checks have left some anxious to see some more help from the government as other aid programs are set to time out within weeks.
If Pelosi is correct on the timing of the bill leaving the House, individuals who earn 75,000 and couples earning up to $150,000 could be seeing a stimulus check by the end of March or early April.
If the House votes on the bill by the end of February – about two weeks – and sends it to the Senate by the first week of March, the bill could then move to President Joe Biden’s desk within days.
The process of passing the $1.9 trillion bill out of the U.S. Senate will be a speedy one by Senate standards since Democrats evoked a budget reconciliation measure which would allow Democrats to move the bill along without Republican support. It would take a simple majority vote to pass the bill, instead of 60 votes normally needed for such legislation to pass the upper chamber.
Once Biden receives the bill and it is signed, the Internal Revenue Service will begin processing and sending out the $1,400 checks through direct deposit into checking accounts and then by mailing out paper checks and debit cards.
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SOURCE: Action News Jax