How far can government stimulus payments stretch in the Coastal Bend?
Many have already received $600, and there could be another $1,400 in government stimulus payments on the way; but how long will that money last?
Author: Rudy Trevino
Updated: 7:57 PM CST January 19, 2021
CORPUS CHRISTI, Texas — Most people in the country have so far received $600 in government stimulus payments due to COVID-19, and another $1,400 is still pending if Congress goes along with what President-elect Joe Biden said he will ask for.
So how far will that money stretch if you live in the Coastal Bend?
Many Americans started receiving their stimulus payments just days before the New Year, but some are still waiting. The rules are the same as with the first round of stimulus money -- if you have an adjusted gross income of $75,000 or less, you'll get the full amount. It's the same for a married couple filing jointly who made a combined $150,000 in 2019. If you made more, however, the stimulus amount gets progressively lower.