General World News

Biden economic advisor pushes back against restricting eligibility for stimulus checks

Jared Bernstein

Summary List Placement

A top economic advisor to President Joe Biden pushed back Wednesday on the idea of limiting stimulus check eligibility.

During a Bloomberg conference, White House economist Jared Bernstein argued the federal payments are “better targeted than I think most people realize,” and added “it’s not just people at the bottom who need the money.”

He said many people in the middle-class have suffered pandemic-related pay cuts without necessarily losing their jobs.

Bernstein’s remarks come as Congress debates the size and scope of Biden’s relief package, which includes $1,400 stimulus checks among other provisions. But the plan has triggered details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com