Social Safety recipients might profit from coronavirus aid checks



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Congress handed new laws Friday that can put stimulus aid checks within the palms of hundreds of thousands of People.

The checks will quantity to $1,200 for individuals who earn $75,000 or much less, and $2,400 for {couples} making $150,000 or much less. The laws now heads to the desk of President Donald Trump, who has stated he'll signal it.

A giant query amongst people who're residing on Social Safety or different authorities advantages is whether or not they are going to be eligible for a aid examine.

The reply is sure, no matter whether or not they're on Social Safety, Supplemental Safety Revenue, or SSI, or veterans advantages.

"They're eligible," stated Michael Zona, a spokesman for Sen. Chuck Grassley, R-Iowa, chairman of the Senate Finance Committee that put collectively the laws.

"There aren't provisions explaining a listing of individuals eligible it is a broad definition, meant to be as all-encompassing as potential," Zona stated.

Like different People, the dimensions of the checks for these on...



Supply cnbc.com



Source marketwatch.com