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But as I have calculated (cribbing from economist J.W. Mason), growth from 2008-2019 was less than half the average from 1945-2007. As a result, total U.S. Output in 2019 was something like 15 percent below where it would have been had the previous trend been followed. That's a gap of about $3.3 trillion, bigger than the economies of virginia and california put together — before the pandemic struck. That was more than a decade of missing full employment and production, an economic disaster that helped produce trump. Presumably, the idea is to put pressure on mcconnell and the GOP candidates in the upcoming georgia senate runoff elections — and just possibly get more money into the hands of the american people. Yet some liberals are hesitant or outright against the checks. "there is no good economic argument for the $2,000 checks," writes economist larry summers in bloomberg. Paul krugman is more measured in the new york times, arguing that a better focus would be "on enhanced unemployment benefits for the millions of workers who, thanks to the pandemic, have no income at all." in the washington post, catherine rampell frets that checks are "not a terribly efficient use of resources."

$2,000 checks are good

So plotted senate democrats, who have fueled vermont's socialist senator with a healthy serving of cabot extra sharp, clad him in darn tough armor, aimed him at senate republicans, and pulled the trigger. Now that a super-majority in the house of representatives passed a bill giving $2,000 checks to most americans (topping up the $600 payment included in the recent pandemic rescue package), bernie sanders will reportedly filibuster the veto override of the recent military funding bill, with the backing of the democratic senate caucus, until senate majority leader mitch mcconnell agrees to a vote on the checks. He could break the filibuster, but it will take up the rest of the year.

Presumably, the idea is to put pressure on mcconnell and the GOP candidates in the upcoming georgia senate runoff elections — and just possibly get more money into the hands of the american people. Yet some liberals are hesitant or outright against the checks. "there is no good economic argument for the $2,000 checks," writes economist larry summers in bloomberg. Paul krugman is more measured in the new york times, arguing that a better focus would be "on enhanced unemployment benefits for the millions of workers who, thanks to the pandemic, have no income at all." in the washington post, catherine rampell frets that checks are "not a terribly efficient use of resources."

These objections are wrong. The checks are good and the senate should pass them with all speed.

To start with, it's important to note these checks won't be going to the wealthy, because they're already means-tested. Indeed, because they are necessarily based on people's 2019 income, many people who should be eligible now (due to job loss) will be left out. It would be smarter and simpler to give them to everyone and recoup the payments to the rich on the back end through taxation next year.

More importantly, neither summers, nor krugman, nor rampell note the fact that unlike the expanded unemployment insurance they say is a better option, checks include the large number of low-income people who are not eligible for unemployment because they do not work. As matt bruenig has shown many times, such people account for a huge portion of the poor (and especially the very poor), because poverty is overwhelmingly driven by people being unable to work. In 2016, roughly 70 percent of poor people were children, elderly, disabled, or caring for others — people who will mostly get checks. A cool $2,000 would be a great boon to poor people ill-served by america's crummy welfare state.

And when considering the middle and upper-middle class people who don't "need" the money, the fact is the top 1 percent have been absconding with the lion's share of income growth for the past 40 years. A $2,000 check will barely make a dent in that rigged income distribution. It's fine.

There is also a great political-ideological benefit here. Krugman at least grudgingly admits that the immediate politics are favorable because the checks are so popular (registering an astounding 78 percent approval in a recent poll), but the surrounding discussion might also start dissolving americans' prejudice against a social-democratic welfare state. People in this country have long had capitalist ethics beaten into them from birth — the idea that "you shall earn your bread in sweat" making profits for business owners — but it turns out that getting free money from the government is very nice! Now, a proper welfare state for normal, non-pandemic times would be aimed mostly at nonworkers, but the principle of free money is the important thing. Once we have accepted the idea that a primary task of the state is cutting checks to the masses, the only question is who should get them. A sensible conclusion is near-universal payments now, more categorized ones later (besides, everyone is a non-worker at some point in their lives).

But the most frustrating argument here is the abrupt downplaying of the growth and employment catastrophe of the last 12 years, and the gigantic danger of returning to mild depression. "there is the possibility of some overheating, particularly if the economy's potential supply remains constrained by COVID protection measures," writes summers. But as I have calculated (cribbing from economist J.W. Mason), growth from 2008-2019 was less than half the average from 1945-2007. As a result, total U.S. Output in 2019 was something like 15 percent below where it would have been had the previous trend been followed. That's a gap of about $3.3 trillion, bigger than the economies of virginia and california put together — before the pandemic struck. That was more than a decade of missing full employment and production; an economic disaster that helped produce trump.

A major reason for this disaster was the ingrained fear of inflation (the "overheating" summers is talking about) among economists scarred by the 1970s. The conventional wisdom before 2008 was that wage increases should be viewed with suspicion, lest they touch off a wage-price spiral, and the federal reserve should start hiking interest rates before inflation was seen, lest the dread inflation expectations get baked in. Except in reality, one cannot actually know with any certainty where full employment lies — and if you get it wrong, you will strangle jobs for no reason. Back in 2015, for instance, the federal reserve was estimating the economy could only handle unemployment of about 5.4 percent, which is why it started raising interest rates that year (albeit slowly, and it later reversed course). Except, whoops, it turns out late 2019 had an unemployment rate of 3.5 percent and not so much as a whisper of inflation.

So on the one hand, you have the possibility of moderate inflation, and on the other, the possibility of indefinite mild depression. Obviously the second option is far, far worse, which is why in 2015 krugman argued that we should keep spending "until you see the whites of inflation's eyes." we should be absolutely certain we've hit full employment rather than making half-baked guesses about how many jobs the economy can produce. (indeed one estimate suggests even this rescue bill will not be big enough.)

In this bleak context, $2,000 checks are a golden opportunity to make sure americans' wallets are nice and fat in 2021 so that the economy will pop back to real full employment when everyone is finally vaccinated — undoing some of the post-2008 damage, driving labor demand into the most disadvantaged demographics (like people with criminal records), and boosting president biden's popularity. A quick return to 2019's economy, if not better, is the one thing that might allow democrats to hang onto the house and maybe even take the senate in the 2022 midterms. Moreover, a bit of moderate inflation would have benefits — helping nominal debtors, and allowing the fed to raise rates without hurting employment, thus giving it some room to cut them again should recession strike.

So keep calm, congressional democrats, and go get 'em, bernie.

Make free money fast: how to get paid over $2000 more every month

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There are so many reasons for wanting to make an extra $2000 per month. The greatest of all is to suddenly get the urge to want to make free money!

The internet is an incredible place with so many tools, apps, and websites that you can take advantage of in your quest for extra cash.

Make free money from surveys

Surveyjunkie

The only ways for companies to improve their sales and market their products better is by knowing what people want.

It can be a lot of effort for a large company to go about asking people what they think then analyzing data.

Services like surveyjunkie do it for them. These services offer online surveys and collect their data to larger companies.

Companies can then use this data to their advantage.

Naturally, surveyjunkie gets paid and so will you!

The website will pay you money for each survey you take. It’s one of the best ways to make free money online today.

Most surveys on surveyjunkie pay between $0.50 and $1.25 which is great considering that most of these take less than 5 minutes to complete.

This is particularly great if you spend a lot of time at home feeling bored.

Pointclub

With pointclub, you collect points that you can then exchange for dollars or gift cards.

1,000 points are worth $1. Each survey you take could earn you between 200 to 2,000 points.

So the maximum you can make per survey is $2. The duration of surveys vary but they can often be a little time consuming.

It’s not much but if you take enough surveys, you could end up making a decent amount of money.

Invest your savings

Investing isn’t easy by any means. It’s also quite scary when you think how much loss a bad investment can cause to your savings and finances.

Apps like worthy bonds were created to make your life much simpler and to boost your earnings through investment.

Connect your bank account to the app and it’ll invest the money you save for you.

It does this in a simple yet safe and efficient way to ensure that you don’t lose your money.

The app uses spare change in your account. It rounds it up then invests it.

It does so in a way that you won’t even notice.

Let’s say you buy a burger for $4.73, the app will then take 27 cents out of your account and set it aside for investment. Basically it’ll be as if you spent $5 on that sandwich.

Investing your money is definitely one of the best ways to increase your income and overall financial status. It’s an incredible way to make free money from home.

Sell photographs

Photography is everyone’s hobby these days, but not everyone makes money through it.

Professional cameras may be expensive, but they’re quite profitable on the long run if you want them to be.

There are numerous websites online where you can post the pictures you take. People can then download your pictures by paying a few dollars.

If you already have hundreds of pictures on your hard drive, just upload them and make free money online.

Go shopping

Ibotta

Whether you want to go shopping at stores or prefer to do it online, you’ll be able to get some of the money you spend back.

There’s no more convenient way to make free money.

Plenty of apps exist to earn you some of your cash back just by uploading a picture of your receipt to the app. Ibotta is a prime example.

Rakuten

Another app that can provide you not just with cash back, but also with coupons and discounts is rakuten (formerly ebates).

Just know that rakuten doesn’t support all products so you might want to check to see what they’re affiliated with before going shopping.

Start writing

Writing is a really popular way to make money online these days.

You could write as a freelancer, by joining a company, or even create your own blog.

If you spend a couple of hours each day writing, you could earn those extra $2000 you want.

It might take a while to get started with freelancing as you build a reputation. Blogs take some time too.

As soon as you build a reputation or a fan base though, it’ll get much easier.

For those who love writing and think of it as a hobby, consider this a way to earn money online free, fast, and easy.

Proofread

Well, not all of us are gifted in the same fields so we’re not all amazing writers.

Not being able to write doesn’t mean you can’t make money off of the english language. You can still proofread!

You can make up to 20 thousand dollars per year just by working as a proofreader.

Just like with writing, it’ll take some time to get started as people start to trust your abilities.

It’ll be worth it though when you’re making so much money by working part time and doing something so simple.

Sell avon products

Are you into the world of fashion and cosmetics?

If you are, then this should definitely interest you.

As you probably know, it’s not too hard to join avon’s network of representatives and salespeople.

What’s interesting is that you can recruit people to your network and supervise them.

With each sale they make, you get a portion of the money.

Rent extra rooms

Whether you want an extra 2000 dollars every single month or just as a onetime thing, renting extra rooms at home should help you make the money.

Airbnb is a great app for you to do this through, especially if you don’t really want a roommate or someone to stay for a very long period of time.

You’ll definitely get rent offers that meet your set price.

Airbnb is especially great for those looking for someone to stay for a maximum of a month or so.

Just make sure to be a great host and keep your place clean and cozy.

As renters start to come and go, they’ll leave reviews.

In order to keep people coming and be able to raise your price a bit, you’ll want to keep reviews positive and encouraging for potential renters.

Alternatively, if you want to rent a room for an extended period of time, like a year or so, you could post an ad in the newspaper or websites like craigslist.

Sell your stuff

What’s the point in keeping all of your old dvds, cds, and books?

Your old stuff just takes up space and it’s very unlikely you’ll need to use it again.

If you’ve had something lying around for 3 years, but haven’t used it once during that time, why not sell it?

Consider it a way of cleaning up, and you get to make free money online fast.

This can be done in the easiest of ways by joining decluttr.

You can probably tell from the name, this app will help you get rid of any clutter lying around and will even earn you money in the process.

Make free money online

Admit it, you probably spend a whole lot of time on the internet doing nothing useful. We know because we do that too.

The worst thing is that when you think about it, time you spend on the internet could be used to make extra money.

You could’ve started a blog, took some online surveys, or did any number of things.

Well, with swagbucks your days of regret are over.

Once you join swagbucks, you’ll be able to get gift cards for doing simple tasks online like taking surveys, watching videos, and even shopping.

It’s a wonderful service and one that’s particularly useful considering how much time we aimlessly spend online.

You also get a $5 bonus just for signing up.

Play mobile games

We’re not talking about spending hundreds of hours playing a game to make a few cents.

We’re here to discuss the long game savings app.

Connect your bank account to the app and it’ll take care of the rest.

Every time you side aside money in your savings account, the app will know (since it’s connected to your bank account).

It will then unlock games for you to play. To be clear though, these games aren’t based on skill or concentration, they’re games of luck.

Nonetheless, if you win these games, you’ll receive money as a reward. If this doesn’t qualify as a way to make free money online then I don’t know what does.

Become a virtual assistant

Are you good at tracking time, setting schedules, and creating to-do lists?

If the answer is yes, you should definitely consider becoming a virtual assistant.

You won’t even need to do this full time or in person.

The internet makes everything much easier and more convenient.

Try to find an opening for a virtual assistant job that you can do from home.

You’ll basically be helping busy professionals organize their time and weekly schedules.

While working as a virtual assistant, you could make up to 20 or even 30 dollars per hour.

Working as a virtual assistant is definitely one of the most lucrative ways to make extra money online while working part time.

Drive with lyft

All you need for this is to own a car.

Driving with a service like lyft is one of the most efficient ways to boost your monthly income.

People make thousands of dollars per month just by working as part time lyft drivers.

With lyft, you’ll be your own boss.

Feel like working? Just turn on the app and start receiving requests from people who need a ride.

Don’t feel like working or already made enough money for the week? Turn off the app and you won’t receive any requests or notifications.

It’s one of the fastest ways to make money and it can all be done from the comfort of your car.

Earn money while losing weight with healthywage

Healthywage is an app that’s made to encourage you to lose weight by rewarding you with money.

Through the app, you can make bets on how much weight you’ll lose or simply join one of the existing challenges on the app.

By winning challenges or bets, you’ll be rewarded with money.

You can make up to 10 thousand dollars using healthywage.

If you ever needed motivation to lose it, this is it. It really doesn’t get better than improving your health while making money in the process.

Open a new bank account

This might seem like a hassle but if you really need the money, opening a new bank account might help with that.

You can earn up to $200 when you open a new savings or checking account with certain banks like citi and HSBC.

Some online banks also give you a $200 bonus if you deposit $25,000 or more into a savings account.

It won’t work for everyone, but it’s still a viable option.

Donate plasma

This is different from donating blood.

Plasma is the liquid that your blood elements like red blood cells float in.

When you donate blood, you donate plasma in addition to blood elements.

On the other hand, donating plasma is only donating the liquid while blood elements are returned to your circulation.

You can make up to $400 per month just for doing this.

There’s no shortage of ways to make free money. All you have to do is look for them.

Whether you prefer to take online surveys, shop, write, or sell your stuff, you’ll be able to make those extra $2000 per month with ease and mostly without even having to leave your home.

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If you aren't using these 6 free cash back apps right now to save money on everything from groceries to gas, you're missing out on a lot of money. Get my guide to these 6 apps today!

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Logan is a practicing CPA, certified student loan professional, and founder of money done right, which he launched in 2017. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday americans earn, save, and invest more money. Learn more about logan.

How to claim up to $2,000 in free money for retirement with the 2021 saver's credit

The saver's credit, formally known as the retirement savings contribution credit, is designed to encourage low- to middle-income taxpayers to save for retirement.

We'll get to the qualification rules later, but the idea is that the credit can be worth as much as $1,000 per year, per person (married couples can get a credit of as much as $2,000). Depending on their income, the credit can be worth 10%, 20%, or 50% of contributions made to an eligible retirement account, up to a maximum of $2,000.

The credit can be taken for pretty much any tax-advantaged retirement account you can think of. You can use the saver's credit if you contribute to an employer's 401(k) plan at work, for example. Or if you open a traditional or roth IRA and make a contribution, you can use that to qualify for the saver's credit as well.

Who qualifies for the saver's credit?

As mentioned, the saver's credit is designed to give lower-income workers a tax break for retirement saving, so the general idea is that the lower the taxpayer's adjusted gross income (AGI), the more generous the credit becomes. For the 2021 tax year, here are the AGI limits and the percentage of qualified retirement contributions that can be used to calculate the saver's credit. And don't worry if this looks confusing at first -- we'll go over an example in the next section.

Credit -- % of contributions

Married filing jointly

Head of household

All other filers

Gallery: the 9 best types of retirement accounts (money talks news)

And if you're planning to take the credit on your 2020 tax return (the return you'll file in 2021), here are the income thresholds for that year. Remember, IRA contributions for 2020 can be made until the april 15, 2021, tax deadline.

Credit -- % of contributions

Married filing jointly

Head of household

All other filers

The maximum percentage available is 50% of qualified retirement contributions. Since the credit can be based on as much as $2,000 in contributions each year, this makes the maximum credit $1,000 per person, per year.

An example of how the saver's credit works

Here's an example of how this works. Let's say that you and your spouse file a joint tax return, and your combined AGI for the 2021 tax year is $60,000. This puts you in the 10% saver's credit range. If you each contribute $2,000 to retirement accounts for the year, your credit will be 10% of $4,000, or $400.

Free money to save for retirement

It's tough to overstate how great a tax break this is. The saver's credit is literally free money to save for retirement. And it's important to mention that this is in addition to the other tax advantages of retirement savings. For example, if you contribute to a traditional IRA, you can still deduct your contributions from your taxable income and take advantage of the saver's credit. If you qualify, this is a no-brainer for americans who wants to retire with financial security.

The $16,728 social security bonus most retirees completely overlook

If you're like most americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "social security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,728 more. Each year! Once you learn how to maximize your social security benefits, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how to learn more about these strategies.

Earn under $65,000? Up to $2,000 in free retirement money could be yours

Saving for retirement can be difficult when you don't make a lot of money. But fortunately, there's a special provision in the tax code designed specifically to help lower- and middle-income americans build a bigger nest egg.

It's called the saver's credit, and it could provide you with up to a $1,000 tax credit as a single person or up to $2,000 as a married couple. Since tax credits reduce your tax bill on a dollar-for-dollar basis, that's basically like getting $1,000 to $2,000 in free money.

How to score up to $2,000 in free retirement money

The saver's credit is a tax credit that takes money off your tax bill when you make retirement contributions to eligible accounts such as an IRA or workplace 401(k). Specifically, you'll get back between 10% and 50% of the first $2,000 in contributions you make -- and that includes money taken directly out of your paycheck and put into a workplace plan.

Gallery: pros and cons of a reverse mortgage during the pandemic crisis (money talks news)

The table below show how large of a percentage of your contribution you can expect as a credit for the 2020 tax year, based on your adjusted gross income (AGI) and filing status. These numbers are indexed to inflation, and the income thresholds will be a little higher in 2021.

You'll receive a credit equaling

If you're single or married filing separately and your AGI is:

If you file as head of household and your AGI is:

If you're married filing jointly and your AGI is:

50% of your contribution

20% of your contribution

10% of your contribution

So, what does this mean for you? Suppose you're a married joint filer with an adjusted gross income of $38,000. You and your spouse would be entitled to a credit equaling 50% of the first $4,000 in contributions ($2,000 for each of you). If you contribute a combined $4,000, you'd get a tax credit of $2,000.

Of course, if your income was a little higher, your credit would be lower. If you had an AGI of $50,000 and contributed $4,000 as a married couple, you'd receive a credit valued at 10% of your contribution, or $400. While this isn't quite as generous, it's still free cash for retirement contributions that can help you build a more secure future.

And tax credits are much more valuable than tax deductions. While a $2,000 deduction would only reduce your tax bill by up to $240 if you're in the 12% tax bracket, a tax credit provides a dollar-for-dollar reduction. If you had previously owed $5,000 in taxes and you got a $2,000 credit, you would now owe only $3,000.

There are a few requirements to take advantage of the saver's credit, beyond just the income limits. For example, you can't be claimed as a dependent on someone else's tax return and must be at least 18 years old. You can't be a full-time student, either.

But if you're eligible, there's no reason to pass up free money. So aim to contribute at least the $2,000 as a single person or $4,000 as a couple for the maximum help from uncle sam in growing your nest egg.

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Earn under $65,000? Up to $2,000 in free retirement money could be yours

Don't leave this cash on the table!

Image source: getty images.

How to score up to $2,000 in free retirement money

You'll receive a credit equaling

If you're single or married filing separately and your AGI is:

If you file as head of household and your AGI is:

If you're married filing jointly and your AGI is:

50% of your contribution

20% of your contribution

10% of your contribution

$2,000 checks are good

These objections are wrong. The checks are good and the senate should pass them with all speed.

So keep calm, congressional democrats, and go get 'em, bernie.

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Presidential historian and author doris kearns goodwin provides insight into president trump’s legacy, the importance of a peaceful transition of power and what’s next for trump.

Sen. Joe manchin said friday that he would "absolutely not" support sending americans a $2,000 stimulus check, potentially dealing a fatal blow to a key part of president-elect joe biden's coronavirus relief plan.

Twin victories by jon ossoff and raphael warnock in the georgia run-off elections this week clinched democrats a 50-50 split in the senate, with vice president-elect kamala harris able to cast a tie-breaking vote. The narrow majority will likely make moderate senators like manchin, a west virginia democrat, some of the most powerful members of the chamber.

“absolutely not. No,” manchin told the washington post on friday, when asked whether he supports a fresh round of stimulus checks. “getting people vaccinated, that’s job no. 1.”

“how is the money that we invest now going to help us best to get jobs back and get people employed?" he continued. "and I can’t tell you that sending another check out is gonna do that to a person that’s already got a check."

Biden initially wavered on whether he supported a $2,000 cash payment, but in the final days before the georgia runoffs — which played a key role in whether he'd be able to accomplish his legislative agenda — the incoming president threw his full weight behind the proposal.

"if you send jon and the reverend to washington, those $2,000 checks will go out the door," biden said on the eve of the special elections. "and if you send sens. Perdue and loeffler back to washington, those checks will never get there. It's just that simple. The power is literally in your hands."

Ossoff and warnock both vowed on the campaign trail to support the $2,000 checks if elected, and democrats have indicated this week they want to make good on the promise.

“one of the first things that I want to do when our new senators are seated is deliver the $2,000 checks to the american families,” senate minority leader chuck schumer, who will become majority leader, told reporters on wednesday.

A spokesperson for manchin told FOX business the senator wants to prioritize distributing and administering the COVID-19 vaccine "as quickly and safely as possible."

"he has also said repeatedly that when the biden administration comes in they can assess the needs of the american people and submit proposals to congress about how best to address those needs," said sam runyon, manchin's spokesperson. "when the time comes, senator manchin will evaluate those proposals. He has also made clear that the focus when delivering economic relief must be on those who are unemployed through no fault of their own.”

The federal government has already sent a majority of american households two direct cash payments: the first, worth up to $1,200 for individuals, went out in april, and the second, worth up to $600 for individuals, is still in the process of being delivered.

It's unclear if democrats would send a third round of $2,000 payments or whether they would propose increasing the recent $600 check to $2,000. It's also not clear whether house and senate democrats would try to pass the payments as a standalone bill or as part of a broader COVID-19 relief package.

Sen. Bernie sanders, I-vt., indicated during a CNN interview on thursday that he would push for a more comprehensive aid package that included a $2,000 payment, likely teeing up a battle with lawmakers like manchin.

"the first order of business, by the way, is to pass an emergency COVID-19 bill which, among many other things, says to working-class americans: we know you're in pain. And we're going to get you a $2,000 check for every working-class adult in this country. We are on your side," sanders said.

FOX business' edward lawrence contributed to this report

Joe biden's change of heart on $2,000 stimulus checks shows power of bernie sanders

This story is being co-published with the daily poster

After weeks of progressive pressure, president-elect joe biden on monday promised to immediately deliver $2,000 stimulus checks to millions of americans if georgia democratic senate candidates raphael warnock and jon ossoff win their races this week. The comments come a month after biden reportedly told congressional democrats to accept stimulus legislation that included no checks.

"one state can chart the course—not just for the next four years, but for the next generation," biden said in a monday evening speech in atlanta. "by electing jon and the reverend you can make an immediate difference in your own lives, the lives of people all across this country because their election will put an end to the block in washington on that $2,000 stimulus check, that money that will go out the door immediately to people who are in real trouble."

Biden's change of heart comes only a month after he helped persuade congressional democrats to support stimulus legislation that did not include the checks, according to the new york times. At the time, biden suggested he did not oppose checks, but he pushed democrats to accept a deal without them, raising concerns that he may revert to his past support for budget austerity.

Biden's shift from endorsing legislation with no checks to now promising $2,000 checks follows a relentless campaign from vermont sen. Bernie sanders, who has pushed the wildly popular idea of $2,000 checks for most of the last year. His crusade was boosted by house progressives who also supported the measure—and their effort received a late, unexpected boost from president donald trump, who threatened to hold up stimulus legislation without more direct aid for workers.

The campaign ultimately reduced its ask to a second round of $1,200 checks and was supported in congress by republican sen. Josh hawley. It successfully pressured lawmakers to include checks in the stimulus bill that passed congress. However, biden's influence once again pushed democrats into accepting less than they had initially sought, ultimately reducing the checks to just half that.

When trump suddenly signaled his support for $2,000, house democrats quickly passed separate legislation for that amount.

In the senate, sanders was backed by five democratic lawmakers who voted to sustain his filibuster of the defense authorization bill to try to force a vote on the $2,000 checks. That tactic was short-circuited by republican senators and more than 40 senate democrats who sided with majority leader mitch mcconnell in motions to shut down the filibuster. Among the democrats helping shut down the filibuster was vice-president-elect kamala harris.

As sanders spotlighted the $2,000 checks legislation on capitol hill in the last month, georgia democrats warnock and ossoff began campaigning on the initiative.

This past week, warnock ran an ad with the line, "want a $2,000 check? Vote warnock." ossoff, meanwhile, tweeted on monday that "we can pass $2000 relief checks for the people, but we have to win this senate election."

Under pressure, republican incumbents david perdue and kelly loeffler issued last-minute statements of general support for the $2,000 checks, but never actually pressed mcconnell to allow a vote on the proposal. Perdue had previously opposed the entire concept of direct stimulus checks.

During that fight, biden stopped telling democrats to accept a deal with no checks, and initially signaled his support for the checks in muted terms; he said only "yes" when asked whether he approved of the proposal. His speech in georgia on monday was a much more enthusiastic declaration of support for the legislation—which could be signed by biden on his first day in office, if the democratic house and a newly democratic senate (if ossoff and warnock win) immediately passes the legislation.

"think about what it will mean to your lives," biden said of the $2,000 checks. "putting food on the table. Paying rent. Paying down your mortgage. Paying down the credit card, paying the phone bill, the gas bill, the electric bill."

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