The “$600 stimulus check” isn’t enough, experts agree

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The U.S. House of Representatives and the Senate finally reached an agreement and passed the $900 billion COVID relief bill that includes a $600 stimulus check for Americans.

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Individuals who earn up to $75,000 or $112,500 for the head of household and married couples who earn $150,000 are eligible to receive the $600 stimulus check. The bill also provides a $600 stimulus check per dependent child.

For many,  the $600 will go straight to paying off their debts. It means the money will just go back to banks and not into their pockets. For those people, this is not a stimulus. It’s not even treading water. It’s just drowning slower.

A poll by “Survey Monkey” clearly shows that Americans aren’t satisfied with the $600 check and find it significantly low. The poll indicates that 62% of respondents said the amount is not enough. 

Billionaire investor Mark Cuban also said that $600 isn’t sufficient. He previously suggested a $1,000 stimulus check every two weeks or at least two months.