(Photo by Drew Angerer/Getty Images) Getty ImagesCongressional Republicans and some Democrats are urging lawmakers to better target President Biden’s $1.9 trillion plan for new pandemic relief. One would limit the number of people eligible for a new round of relief payments. In this blog, I’ll look at ways to better target the relief payments. Biden wants to distribute an additional $1,400 per person in relief payments (formally called economic impact payments) to what he describes as “hard hit households.” This would be on top of the $600 payments Congress authorized in late December. Partial payments would go to individuals making up to $103,000 and couples making up to $206,000 (and even more if they have children).

Source: Forbes January 26, 2021 20:26 UTC