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T21-0018 – Alternative Version of the CASH Act with Steeper Phase Out Rate of 10 Percent for $1,400 Economic Impact Payments by Expanded Cash Income Level

Table shows the distributional impact, by expanded cash income level, of raising the phase-out rate from 5% to 10% percent for an alternative version of the CASH Act (2020) with $1,400 economic impact payments. 

January 26, 2021