New $600 Stimulus Payment Proposal for American Workers
This program aims to distribute some of the money collected from tariffs, which are taxes paid on goods coming into the country, back to American families.
The proposal, known as the Reimbursement for American Workers Act, is inspired by how stimulus payments were handled during the COVID-19 pandemic in 2020.
Senator Hawley explained that after the tough economic policies under President Biden's administration, this bill aims to return some of the wealth gathered from the tariffs initiated during Trump’s presidency.
Here is what the bill proposes:
- Each American worker and family would receive a $600 payment this year.
- The amount could increase if the tariff revenues are higher than expected in 2025.
Eligibility and Restrictions
- The full payment is aimed primarily at lower-income Americans.
- Families earning above certain thresholds would receive slightly less. Specifically, the rebate would decrease by 5% for couples earning more than $150,000, heads of households making over $112,500, and individuals whose income tops $75,000.
This bill is still under discussion and has not been passed yet. It seeks to alleviate some of the financial burdens on American families by using funds already collected by the government.
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Check out: Will There Be a $2,000 Stimulus Payment in August 2025? Here's What We Know
