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Wed Mar 25, 2020, 10:13 AM

CV payments to individuals as negotiated... [View all]

Under the plan as it was being negotiated, single Americans would receive $1,200, married couples would get $2,400, and parents would see $500 for each child under age 17.

However, the payments would start to phase out for individuals with adjusted gross incomes of more than $75,000, and those making more than $99,000 would not qualify at all. The thresholds are doubled for couples.

PS. Last I read, although not mentioned here, the phase out between $75k and $99k was reduction of $5 per thou.

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