Sen. Bernie Sanders opposes cutting the income cap for $1,400 stimulus checks
Source: CNBC
Sen. Bernie Sanders said Sunday that he opposes cutting the income threshold for receiving $1,400 direct payments in the next coronavirus relief bill, underscoring a split Democrats will need to resolve before they can pass the $1.9 trillion package.
The caucus' most conservative member in Sen. Joe Manchin, D-W.V., has raised concerns that stimulus checks as currently targeted would go to too many high-income people who did not lose their jobs during the pandemic. President Joe Biden has said he is open to negotiating eligibility for payments, which as proposed would go in full to individuals making up to $75,000 and couples earning up to $150,000.
Sanders, a Vermont independent and chairman of the Senate Budget Committee, and some colleagues have argued Democrats should not lower the income cap. Eligibility for checks has emerged as the main sticking point within the party as it tries to pass a rescue package without Republican votes in the Senate.
A single defection would sink the bill.
Read more: https://www.msn.com/en-us/news/politics/sen-bernie-sanders-opposes-cutting-the-income-cap-for-dollar1400-stimulus-checks/ar-BB1dtjPl?li=BBnb7Kz
Uncle Joe
(58,349 posts)The average U.S. household income is $87,864, and the median is $61,937. Asian households have the highest median income -- $87,243 -- among all other races. Women earn a median income of $42,238 while men earn $52,004. Householders aged 45 to 54 have the highest median income among all age groups at $84,464.Feb 18, 2020
Thanks for the thread Yo_Mama_Been_Loggin
George II
(67,782 posts)...to $100,000 and $50,000 would still be above that "sweet spot". And I believe there's an additional $300 per child (there was in the first payment last spring), but not sure about this one.
We received $2400 in April and $1200 in early January.
oldsoftie
(12,531 posts)I'm afraid they're scared to try to send it just to those who need it because they know government is likely to either screw it up or take forever to figure it out
Uncle Joe
(58,349 posts)75,000 for each individual but 50,000 each for a married couple.
SunSeeker
(51,550 posts)DENVERPOPS
(8,810 posts)A lot of times, we are our own worst enemy, and we end up shooting ourselves in our foot........
marble falls
(57,077 posts)My Pet Orangutan
(9,238 posts)An explicit premise was made to top up the $600 checks to $2000. Changing the income thresholds, so that some who got $600 first time round would get nothing or next to nothing more, breaks that promise.
It's 'read my lips, no new taxes' grade stupid.
https://www.democraticunderground.com/100215065076
msongs
(67,395 posts)dsc
(52,155 posts)since the total of 2000 is mentioned. I know I will consider it a broken promise if I don't get one, though I will not be basing my vote on it nor am I hurting. But it would clearly be a broken promise and I think people who need those checks but don't get them will likely have a different attitude about it than I do in terms of the extent to which it matters in terms of their vote.
yardwork
(61,588 posts)Anything less is a bad political mistake.
Last edited Sun Feb 7, 2021, 05:39 PM - Edit history (1)
and there are several significant points that rarely get mentioned in press coverage (Thom Hartmann has discussed these recently on his show):
1. It will take time and reviewing projected income for 2020 to figure out who crosses the threshold, which works against the goal of getting aid to people ASAP. The efficient way to implement an income threshold would be to pay out now, then recover from higher incomes after tax returns have been filed and actual income known.
2. The number of people who exceed a threshold will not be large, and so what if they get some extra money--many of these are the same people who benefited from red don's tax scam, yet the GOPee and misguided Dems going along aren't talking about those people. It's possible the cost of determining who meets income levels would EXCEED the amount of money going to people over the threshold.
3. Means testing is a well-used scam by pukes and conservidems to turn assistance into easily demonized "welfare." Once a threshold for aid has been established, the program is subject to cuts, block granting, and successive diminution, i.e. make the eligible pool smaller and smaller. That's why pukes are desperate to means-test Social Security.
4. Most if not all major industrialized countries are supporting their citizens to a much higher degree, with monthly payments. These countries are not seeing the devastation and mass suffering apparent in this country, with huge food lines, high unemployment, loss of healthcare DURING A PANDEMIC, and closing of many businesses. Once again, Americans' ignorance of the rest of the world and belief in American Exceptionalism work to their detriment.
This morning, in disgust I turned Jonathan Capehart's show off after he had a segment on this matter with zero mention of the above vital aspects, or really any pushback against the idea that establishing a threshold is a good idea.
airplaneman
(1,239 posts)yardwork
(61,588 posts)oldsoftie
(12,531 posts)Along with doing away with the cap. Which should've been done LONG ago!
A means test doesnt give anyone anymore ability to make additional cuts than they have now. It all still has to be voted on. There's no reason for the top 10% to get a SS check every month. Or at least cut them off after they've gotten back what they paid. in. They already have to pay more for Medicare if their income is over a certain amount
We give people money who dont need it. We dont tax nearly all earned income because we have a ridiculous income tax system that doesnt tax 1/2 the people. And we'll keep going deeper in debt because of it.
not fooled
(5,801 posts)that once you let pukes means test, expect to see successive lowering of the threshold as to who qualifies. That's why it's dangerous. Plus, to reiterate, you've then turned it into a form of "welfare" that only the poorer qualify for. And we know the fate of those programs, which are relentlessly demonized and cut. Again, we are not dealing with an opposition who approaches Social Security in good faith, but who rather has always hated it and is hell-bent upon achieving its destruction. I would much rather see Charles Koch continue to get Social Security than let pukes start means testing it.
There are better ways to bolster the trust fund, which is in far better shape than as portrayed by decades of radical RW SS-hater propaganda.
oldsoftie
(12,531 posts)Set a sliding scale & index it to inflation. Its always been the "3rd rail" of politics as it is; trying to drop it below what 99% would consider "wealthy" would get old republicans on the phone just as well as democrats. Hell, thats why nothing gets done NOW.
not fooled
(5,801 posts)it's not welfare, but start implementing means testing and the very fact that lower income earners get it will start the idea that it is something that benefits lower income folks, i.e. in some sense a form of welfare. Also, note how pukes have moved to suppress (steal) the votes of Social Security voters, by requiring drivers licenses etc. that old voters might no longer have. They don't want old folks voting to preserve Social Security.
And, the decades of relentless propagandizing against Social Security's viability have inflicted damage among younger voters, many of whom have been conned into believing it will not be there when they retire (getting the marks to buy into the con).
oldsoftie
(12,531 posts)When my mom quit driving she was issued a state ID that really looks just like the license. It was very simple. Heck, just accept a Medicare ID as proof. Every senior has one of those! Besides, seniors have always been considered a more GOP vote I dont know why they would want to stop them. Seems more likely they'd want the younger ones to not vote.
We cant just start increasing the withholding; nobody will like that. But most would go along with not giving full payments to someone making 400k a year. Plus doing away with the cap. Its going to go broke otherwise.
roamer65
(36,745 posts)George II
(67,782 posts)....after the promise. An additional $1400 would fulfill that promise.
JoeOtterbein
(7,700 posts)PoliticAverse
(26,366 posts)Last edited Sun Feb 7, 2021, 08:04 PM - Edit history (1)
get Republican votes.
FBaggins
(26,728 posts)The remaining parts of the bill have less support and would be easier to oppose without the part that even Trump was pushing just a few weeks ago.
oldsoftie
(12,531 posts)George II
(67,782 posts)CaptainTruth
(6,588 posts)helpisontheway
(5,007 posts)It will backfire if he now tells people that qualified before that they cant get it this time.
George II
(67,782 posts)....meaning $1400.
Even Sanders yesterday agreed on CNN that the $2000 includes that first $600.
Link to tweet
helpisontheway
(5,007 posts)could make to qualify them a lot of people will not get the additional $1,400.
shawn703
(2,702 posts)Hardly a good look to screw over a bunch of your constituents to bring a couple red state senators on board.
pfitz59
(10,358 posts)but live in a very expensive city. My income looks like $30k after factoring in cost of living. $75K in some cities barely covers a studio in the bad part of town..
obamanut2012
(26,068 posts)I have to have a roommate in a meh apartment, drive a 10-year-old car, need dental work done I can't afford, and going out to eat, even to Five Guys, is a once a month thing. Vacations? lolz