re: House passes vote for new stimulus relief bill

quote:

---

Can we get an itemized receipt for this thing?

---

I have not fact checked this, a friend sent it in a text when we were talking about it.
   
 
1.        $300,000,000 for Migrant and Refugee Assistance pg.. 147
2.        $10,000 per person for student loan bailout
3.        $100,000,000 to NASA, because, who knows why.
4.        $20,000,000,000 to the USPS, because why the hell not
5.        $300,000,000 to the Endowment for the Arts - because of it
6.        $300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing
7.        $15,000,000 for Veterans Employment Training / for when the GI Bill isn't enough.
8.        $435,000,000 for mental health support
9.        $30,000,000,000 for the Department of Education stabilization fund/ because that will keep people employed (all those zeros can be confusing, that’s $30 BILLION)
10.     $200,000,000 to Safe Schools Emergency Response to Violence Program
11.     $300,000,000 to Public Broadcasting / NPR has to be bought by the Democrats.
12.     $500,000,000 to Museums and Libraries / Who the hell knows how we are going to use it.
13.     $720,000,000 to Social Security Admin / but get this only 200,000,000 is to help people. The rest is for admin costs.
14.     $25,000,000 for Cleaning supplies for the Capitol Building / I kid you not it's on page 136.
15.     $7,500,000 to the Smithsonian for additional salaries
16.     $35,000,000 to the JFK Center for Performing Arts
17.     $25,000,000 for additional salary for House of Representatives
18.     $3,000,000,000 upgrade to the IT department at the VA
19.     $315,000,000 for State Department Diplomatic Programs
20.     $95,000,000 for the Agency of International Development
21.     $300,000,000 for International Disaster Assistance
22.     $90,000,000 for the Peace Corp pg. 148
23.     $13,000,000 to Howard University pg. 121
24.     $9,000,000 Misc. Senate Expenses pg. 134
25.     $100,000,000 to Essential Air carriers pg. 162. This of note because the Airlines are going to need billions in loans to keep them afloat  ($100,000,000 is chump change.)
26.     $40,000,000,000 goes to the Take Responsibility to Workers and Families Act This sounds like it's direct payments for workers pg. 164.
27.     $1,000,000,000 Airlines Recycle and Save Program pg. 163
28.     $25,000,000 to the FAA for administrative costs pg. 165
29.     $492,000,000 to National Railroad Passenger Corporation (Amtrak) pg. 167
30.     $526,000,000 Grants to Amtrak to remain available if needed through 2021 pg. 168 (what are the odds that doesn't go unused) Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress.
31.     $25,000,000,000 for Transit Infrastructure pg. 169
32.     $3,000,000 Maritime Administration pg. 172
33.     $5,000,000 Salaries and Expensive Office of the Inspector General pg. 172
34.     $2,500,000 Public and Indian Housing pg. 175
35.     $5,000,000 Community Planning and Development pg. 175
36 .  $2,500,000 Office of Housing
 

quote:

---

Just like a lot of American families, I'm excluded from this.

---

Exactly...those paying the most for it, get nothing.

Did the math, and the Mrs and I just contributed $13k for some political pork and ppl to get some new flat screens.

So, if you don't qualify for a check do you get a tax credit or anything?

did I read it right that we should be getting checks starting in July for the new child tax credit? or is that something that still needs to be worked out?

quote:

---

did I read it right that we should be getting checks starting in July for the new child tax credit? or is that something that still needs to be worked out?

---

I have no idea. I figured it was just a change to the credit and you do it on your taxes?

Are they going to pay it out monthly instead? If so, holy crap.

yeah thats what I read

so, I have 2 kids (8 & 2), so I should expect $600 checks every month from July to December and then another $3k next year when I do my taxes?

if so, holy shite

quote:

---

yeah thats what I read

so, I have 2 kids (8 & 2), so I should expect $600 checks every month from July to December and then another $3k next year when I do my taxes?

if so, holy shite

---

Yeah half over 6 months and half on next year's taxes.

$3,600 for the kid under 6 ($300/month Jul-Dec)
$3,000 for the kid 6+ ($250/month Jul-Dec)

quote:

---

The American Rescue Plan would temporarily expand the child tax credit for 2021. First, the plan would allow 17-year-old children to qualify. Second, it would increase the credit to $3,000 per child ($3,600 per child under age 6) for many families. Third, it would remove the $2,500 earnings floor. Fourth, it would make the credit fully refundable. And fifth, it would allow half of the credit to be paid in advance by having the IRS send periodic payments to families from July 2021 to December 2021.

---

Kiplinger

All that follows the same income cutoff thresholds as the stimulus. Families earning over 150k would stay at the 2k/child.