Local analysts weigh in on stimulus package, direct $1,400 checks

Local analysts weigh in on stimulus package, direct $1,400 checks
Rose-Ann Aragon, Reporter
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HOUSTON – House Democrats released more details about their COVID-19 relief bill and its $1,400 stimulus checks. This comes after President Joe Biden announced a $1.9 trillion stimulus package, which local analysts say will help people and the economy.
In this new bill, Democrats decided on keeping the income cutoff the same. It includes $1,400 payments for individuals who earn up to $75,000 per year and their dependents and 28-hundred for married couples earning up to $150,000 per year.
University of Houston’s Economics Department Chair and professor Dietrich Vollrath said the $1.9 trillion stimulus package is appropriately sized. When asked if the stimulus package would help people and help the economy, Vollrath put it bluntly.

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