The House on Dec. 28 passed the CASH Act, which would provide for increased stimulus payments from $600 to $2,000.
A recent report from the Institute on Taxation and Economic Policy finds that the increased payments will significantly increase incomes of Americans in the poorest quintile.
Democratic lawmakers say the $600 payments passed at the end of last year are not enough, urging support for $2,000 direct stimulus.
The House passed the CASH Act on Dec. 28, which would increase stimulus payments from $600 to $2,000, among other measures.
The CASH Act now awaits approval in the Senate.
Persons:
Alexandria Ocasio, Cortez
Organizations:
Taxation, Policy, Democratic, Senate, Institute, Twitter
Locations:
Rep, Alexandria, Cortez of New York