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President Joe Biden said Tuesday that he supports the Democratic bill that would send $ 1 stimulus checks, 400 dollars to all people who earn less than $ 75, 000 dollars per year . The president thus distances himself from calls from conservative Democrats to lower the eligibility threshold to $ 50, 000 dollars annually.
The differences in this regard between progressive and conservative Democrats became palpable after that Senator Joe Manchin (Democrat of West Virginia) and others bet on lowering the rent threshold , an issue that the White House was open to negotiation.
Biden’s initial proposal also contemplated a rent threshold of $ 75, 000 dollars, along with improved unemployment payments (of $ 400 dollars a week) and billions of dollars in relief for state and local governments.
People who earn more of $ 100, 000 dollars per year and couples filing jointly and earning more than $ 200, 000 annual dollars will not receive any amount of the stimulus check.
The Democratic bill also includes Biden’s proposal to increase the federal minimum wage to $ 15 dollars an hour , an idea that Manchin does not support and that Biden said he does not expect will reach the final bill he receives from Congress.
