WASHINGTON, DC - As the country continues to grapple with the economic ramifications of the COVID-19 public health crisis, Ways and Means Democrats secured direct payments for Americans and their families to help them stay afloat in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. These rebates are intended to offset essential expenses like rent, food, and medications as Americans experience financial insecurity. The rebates do not need to be repaid, and their amounts depend on family size, at $1,200 for each adult individual and $500 per child under age 17. Retirees will be eligible for the rebates just like other Americans.
“Through no fault of their own, many Americans are wondering how they will come up with next month’s rent payment or continue to put food on the table," said Ways and Means Committee Chairman Richard E. Neal (D-MA). “By quickly putting money into the pockets of Americans, the Ways and Means Democrats fought to help keep families whole as they weather this crisis. We stand ready to do whatever it takes to face these unprecedented challenges and help us get through this national emergency together."
Additional information regarding the rebates can be found HERE.
Information specifically about Social Security and the CARES bill can be found HERE.
