- Mar 17, 2017
- Reaction score
The offer is a flat $200/wk until October when the 70% of income up to $500 would take effect. A second $1200 at the same income limits plus $500/dependent. More PPP for companies with 50% revenue lost.
People would see a $400/wk reduction for 8 weeks or $3200. But if you are a couple with two kids you will get a flat $3400. I think this comes down to a timing issue. Lots of filers took weeks if not months to get the first $1200. If families see big gaps in funds, then there will be issues.