JOE Biden said today that it's time to "act quickly" on $1,400 stimulus checks and thinks everyone who earns up to $75,000 should get one.

When asked if he agrees with the Democrats suggested income cap, the president told reporters "yes."

His press secretary, Jen Psaki, also confirmed that Biden agrees with the $75,000 stimulus check threshold.

According to Democrats draft legislation introduced on Monday, those who earn $75,000 or less will receive the full $1,400 sum.

But individuals who earn more than $100,000 and couples earning more than $200,000 will no longer qualify.

Despite a last-minute push by both Democrats and Republicans to lower the threshold, the checks are intended to keep the existing income limits while capping eligibility for high-earners.

In recent days, the president has been very clear about his belief that the third round of cash needs to be distributed to Americans soon.

Speaking with CEO's in the Oval Office on Tuesday, Biden said that he's "anxious to hear what these business leaders have to say about how they think…

"We're approaching this issue and to see if we can find some common ground," he said.

It comes just one day after President Biden took to Twitter to tell citizens that "we don't have a second to waste when it comes to delivering the American people the relief they desperately need."

He added: "I'm calling on Congress to act quickly and pass the American Rescue Plan."

House Speaker Nancy Pelosi also hinted that checks could come soon, saying the bill would "absolutely" beat the previous forecast date of March 14.

Speaking to reporters outside the White House on Friday, she said: "Without any question. Before then."

Source: Read Full Article