The letter from the U.S. senators doesn t specify how large are the payments they are seeking, but a separate effort from Democratic lawmakers in January pushed for $2,000 monthly checks until the pandemic ends. Instead, the American Rescue Plan authorized $1,400 for each eligible adult and dependent.
So far, people who have received the three rounds of stimulus payments said they re using most of the funds to pay down debt or sock away the money in savings, according to a new analysis from the Federal Reserve Bank of New York. That could indicate that people are using the money to whittle down debt they incurred during the pandemic as well as to build up an emergency fund in case of another shock.
When and how much the tax rate on capital gains will rise could become clear on May 27 when Biden releases his budget financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
USA TODAY
, published with permission from Polity.
They’re hillbillies.
They’re religious wackos. They’re conservative wingnuts.
The harsh stereotypes of the people of Appalachia are deeply entrenched in the American consciousness. During the 2016 presidential campaign, those ugly caricatures flooded the airwaves, newspapers, websites, and social media accounts of powerful news outlets responsible for accurately depicting the people of a sprawling region that ranges from portions of southwest New York state southward through Pennsylvania, Kentucky, West Virginia, Tennessee, and into parts of Georgia and Alabama.
“Welcome to Trump County, USA,” Vanity Fair blared in a headline on a story reported from Monongalia County, West Virginia. The writer led the story with a lurid anecdote: “It is a little after midnight on a Friday in late January. I am in a strip club in Morgantown, West Virginia, drinking (expletive) American beer that tastes like ice and newspaper. A
Stimulus check latest: What s behind the push for recurring monthly payments? cbsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbsnews.com Daily Mail and Mail on Sunday newspapers.