Washington Post reporters Erica Werner and Jeff Stein just broke a new story that means all Americans could be getting upwards of $2,000 instead of $1,000 as originally thought.
According to their report on TheHour.com, the White House wants to send two checks of $1,000 to every American to help them financially during this economic crunch.
Here’s more from their report:
WASHINGTON – White House officials are working with congressional Republicans on an emergency stimulus package that could send two $1,000 checks to many Americans and also devote $300 billion towards helping small businesses avoid mass layoffs, according to two senior administration officials.
No final decisions have been made and talks with Republican leaders remain fluid, but the growing scale of the $1 trillion rescue plan is coming into sharper focus.
The White House will still need backing from Democrats before any plan can be pushed into law, but many Democrats have said they would support sending cash payments to Americans who are struggling to pay bills because of the virus’s economic impact. Still, multiple levels of negotiations remain.
Thoughts on this?