President Biden backs Democrats' proposed $75,000 threshold for COVID-19 checks
Published Date: 2/10/2021
Source: The Hill
President Biden said Tuesday he agrees with a proposal from House Democrats to begin phasing out the next round of direct coronavirus relief payments to Americans who make more than $75,000, a key sticking point among some in the party. Biden signaled his support for the threshold during a meeting with the heads of several major corporations in the Oval Office. He hosted the business leaders to solicit buy-in on his $1.9 trillion relief proposal as well as to discuss future economic measures such as an infrastructure package and an increase to the minimum wage. "I'm anxious to hear what these business leaders have to say about what they think about how we're approaching this issue and to see if we can find some common ground," Biden said. Read more: http://hill.cm/TaMi41t #JoeBiden #KamalaHarris #BidenHarris #WhiteHouse