relief bill that has been bouncing around the House and Senate bureaucracies since before he took office. This bill is meant to be the foundation of Biden’s plan to “Build Back Better,” whatever that means, but the messaging from the White House is clear: Some of you won’t make the cut.
The new change is relatively simple: Biden wants to lower the income threshold that triggers diminishing returns on the stimulus payments. In the plan passed by the House last week, people who earn less than $75,000 a year, or couples who make less than $150,000 a year would get a full $1,400 stimulus payment. But people who make upwards of $100,000 a year, however, would only get partial payments on a sliding scale.
There’s a simple logic behind this: that richer members of society shouldn’t get the same benefits as the poor. The process of deciding exactly how to define and administrate those boundaries even has a name, called “means-testing.” this process, because it allows them to sit merrily on the fence between actual social welfare and the made-up, GOP-pandering notion of “fiscal responsibility.
And when you zoom out, the optics are equally terrible. Who actually wants this? Who actually cares if someone who makes a slightly better paycheck also gets a stimulus payment? In the worst possible future, it creates a situation where millions of American workers actually receiveAt this point in the pandemic, these policies look completely deranged.
Instead, this is what we get: an elaborate system of bureaucratic hoops, means-tested to scrimp and save every last penny the government can while keeping the pain and ruin caused by their parsimony on a manageable level, because the party in power has proven time and time again that it would rather lose human lives than political capital.
This is Joe Manchin at work here
Why would someone who makes over 80k need a 1400 stimulus check ? Damn wealthy white millennials looking for freebies again and crying 😢 get a job!
BAD IDEA.
Fix your typo. Should say: REPUBLICANS want to lower the income threshold that triggers diminishing returns on the stimulus payments — sorry if you don't make the cut Biden wants the full whack but DINO Manchin ♥️'s the filibuster. So, you can thank GOP for their tiny package
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