Chairman Neal Introduces the CASH Act to Provide $2,000 Payments to Americans in Need
Washington, DC, December 24, 2020
Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) introduced the Caring for Americans with Supplemental Help (CASH) Act of 2020 to increase the amount of money struggling Americans receive in a second round of direct payments to $2,000. Upon introducing the new legislation, Chairman Neal said:
“For months, Democrats have consistently sought to provide Americans with a substantial second round of direct financial assistance. Now that the President has finally endorsed that idea as well, we’re ready to immediately pass the CASH Act to put an additional $2,000 into the pockets of folks in need. Congressional Republicans must join us in this effort and not block critical relief from reaching families who are hurting.”
The CASH Act:
Increases the value of the economic impact payments (EIPs) provided in the end-of-year COVID relief package so that each eligible family member receives $2,000, up from $600.
Text of the legislation is available HERE.