Joe Biden is making good on his pre-presidential promises by going foward with his coronavirus relief package. The package was signed back in March and is now beginning to make headway.
What's New about the Stimulus check
The major difference and most substantial change about the upcoming stimulus is the fact that the payment is reoccurring, meaning you will receive consistent payment. If you qualify for this stimulus, you will receive payments on the 15th of each month.
People who make less than $75,000 as individuals and $150,000 will be eligible for the full credit. The next round of payments seems to phase out at around $3,600 for parents with children under 6 years old. These parents will receive $300 each month. Families and parents with children between 6 and 17 years old will receive $250 per month.
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