Under the plan, individuals making up to $75,000 annually would be eligible for a $1,200 check from the federal government.
The payment phases out entirely for individuals making more than $99,000 annually, meaning people who make more than that will not receive any money from the federal government, according to the proposal.
The checks, however, reduce to $600 for taxpayers who have little or no income tax liability but have at least $2,500 in qualifying income, according to a GOP summary of their plan.A top Senate Republican said the proposal would help people impacted by the pandemic.
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