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President Biden has signed off on a Democratic plan to further limit the next round of stimulus payments, a crucial concession to moderates whose votes he needs to push through his $1.9 trillion pandemic aid package.
The proposal would disqualify individuals earning more than $80,000 — and households whose incomes exceed $160,000 — from receiving stimulus checks of up to $1,400, lowering the income caps by $20,000 from the last round of direct payments and from the version of the aid plan passed over the weekend by the House.
The tentative agreement was detailed on Wednesday by a Democrat familiar with the details, who disclosed them on condition of anonymity. It was under discussion as Democratic leaders pressed to find the 50 votes they will need to push through the stimulus measure in the face of unified Republican opposition.
Biden signs off on narrowing income limits for stimulus checks in a bid to win moderate support.
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