Democrats unveiled a new scaled-down stimulus proposal on Monday evening, which includes a second round of stimulus checks and an extension of the extra $600 a week in unemployment benefits.
The updated HEROES Act costs $2.2 trillion — down from the initial $3.4 trillion proposal the Democrats released in the spring — and it includes a trimmed-down dependent stimulus check bonus. The initial proposal featured a $1,200 bonus for any dependent, while the updated proposal cuts the bonus to $500 per dependent.
“Democrats are unveiling an updated Heroes Act that serves as our proffer to Republicans to come to negotiations to address the health and economic catastrophe in our country,” Speaker Nancy Pelosi (D-CA) said in a statement on Monday.
Like under the CARES Act, single adults with income up to $75,000 would be eligible for the full $1,200 stimulus check, while reduced checks would be available for single adults