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BUT SADLY HE DID NOT SURVIVE. >> Kim: WE’LL GET TO THAT STORY>> Kim: WE’LL GET TO THAT STORY IN JUST A MOMENT.IN JUST A MOMENT. BUT FIRST, WE WANNA -- IS THISBUT FIRST, WE WANNA -- IS THIS LIVE VIDEO?LIVE VIDEO? >> Devin: LIVE VIDEO FROM THE>> Devin: LIVE VIDEO FROM THE SENATE FLOOR, CHUCK SCHUMERSENATE FLOOR, CHUCK SCHUMER TALKING AS THE SENATE AIMS TOTALKING AS THE SENATE AIMS TO VOTE TODAY ON THIS $2 TRILLIONVOTE TODAY ON THIS $2 TRILLION WE HEARD STEVE MNUCHIN SAY WHATWE HEARD STEVE MNUCHIN SAY WHAT IT MIGHT MEAN.IT MIGHT MEAN. >> Kim: WHAT KIND OF CHECK AM I>> Kim: WHAT KIND OF CHECK AM I ELIGIBLE FOR OR NOT ELIGIBLEELIGIBLE FOR OR NOT ELIGIBLE FOR?FOR? FOR SOME ANSWERS, WE TURN TOFOR SOME ANSWERS, WE TURN TO BUSINESS EDITOR ROD MELONI.BUSINESS EDITOR ROD MELONI. ROD, GOOD EVENING.ROD, GOOD EVENING. >> Rod: GOOD EVENING, KIMBERLY.>> Rod: GOOD EVENING, KIMBERLY. WE’RE AT THE IRS BUILDINGWE’RE AT THE IRS BUILDING BECAUSE IT’S THE IRS THAT WILLBECAUSE IT’S THE IRS THAT WILL BE MANAGING THIS.BE MANAGING THIS. AND LET’S THINK ABOUT THIS: AAND LET’S THINK ABOUT THIS: A QUARTER OF A TRILLION DOLLARSQUARTER OF A TRILLION DOLLARS THAT’S TO BE HANDED OUT TOTHAT’S TO BE HANDED OUT TO AMERICAN CITIZENS AS THEY GETAMERICAN CITIZENS AS THEY GET READY TO VOTE HERE.READY TO VOTE HERE. LET’S LOOK AT WHAT YOUR PIECE OFLET’S LOOK AT WHAT YOUR PIECE OF THAT MIGHT LOOK LIKE.THAT MIGHT LOOK LIKE. SO HERE’S HOW IT WORKS.SO HERE’S HOW IT WORKS. THE AVERAGE CHECK WILL BE $1200THE AVERAGE CHECK WILL BE $1200 PER ADULT AND $500 PER CHILD.PER ADULT AND $500 PER CHILD. IF YOU HAVEN’T FILED YOUR TAXESIF YOU HAVEN’T FILED YOUR TAXES FOR 2019, THEN YOU’LL WANT TOFOR 2019, THEN YOU’LL WANT TO TURN TO YOUR 2018 TAX RETURN.TURN TO YOUR 2018 TAX RETURN. EITHER WAY, LOOK FOR YOUREITHER WAY, LOOK FOR YOUR ADJUSTED GROSS INCOME OR YOURADJUSTED GROSS INCOME OR YOUR TAXABLE INCOME.TAXABLE INCOME. IF YOU FILED INDIVIDUALLY ANDIF YOU FILED INDIVIDUALLY AND MADE $75,000 OR LESS, YOU’LLMADE $75,000 OR LESS, YOU’LL QUALIFY FOR THE FULL CHECK.QUALIFY FOR THE FULL CHECK. IF YOU FILED JOINTLY, IT’SIF YOU FILED JOINTLY, IT’S $150,000 OR LESS FOR THAT FULL$150,000 OR LESS FOR THAT FULL CHECK.CHECK. IF YOU MADE MORE THAN THEIF YOU MADE MORE THAN THE FIGURES, YOU MAY STILL QUALIFYFIGURES, YOU MAY STILL QUALIFY FOR SOME LESSER GOVERNMENT CASH.FOR SOME LESSER GOVERNMENT CASH. SINGLE FILERS BETWEEN $75,000SINGLE FILERS BETWEEN $75,000 AND $99,000 WILL GET A SMALLERAND $99,000 WILL GET A SMALLER CHECK.CHECK. FOR JOINT FILERS, FROM $150,000FOR JOINT FILERS, FROM $150,000 TO $198,000.TO $198,000. BUT THIS LEAVES A LOT OF PEOPLEBUT THIS LEAVES A LOT OF PEOPLE IN SPECIAL CIRCUMSTANCESIN SPECIAL CIRCUMSTANCES WONDERING IF THEY’LL GET AWONDERING IF THEY’LL GET A CHECK, TOO.CHECK, TOO. IF YOU’RE ON SOCIAL SECURITY,IF YOU’RE ON SOCIAL SECURITY, YOU’LL GET A CHECK.YOU’LL GET A CHECK. IF YOU DIDN’T MAKE ANY MONEYIF YOU DIDN’T MAKE ANY MONEY LAST YEAR OR HAVEN’T FILED A TAXLAST YEAR OR HAVEN’T FILED A TAX RETURN BECAUSE YOU DON’T MAKERETURN BECAUSE YOU DON’T MAKE MUCH MONEY, YOU CAN GET A FULLMUCH MONEY, YOU CAN GET A FULL CHECK.CHECK. BUT IN ORDER TO GET IT, YOU HAVEBUT IN ORDER TO GET IT, YOU HAVE TO FILE A TAX RETURN GIVING THETO FILE A TAX RETURN GIVING THE IRS SOME WAY TO KNOW THAT YOUIRS SOME WAY TO KNOW THAT YOU ARE IN FACT THERE.ARE IN FACT THERE. THE SO-CALLED CHECKS ARE NOTTHE SO-CALLED CHECKS ARE NOT ACTUALLY CHECKS.ACTUALLY CHECKS. THEY’LL BE DIRECT DEPOSITS TOTHEY’LL BE DIRECT DEPOSITS TO BANK ACCOUNTS THE IRS MAY EVERBANK ACCOUNTS THE IRS MAY EVER FOR YOU.FOR YOU. IF YOU DON’T HAVE A BANK ACCOUNTIF YOU DON’T HAVE A BANK ACCOUNT OR DON’T USE DIRECT DEPOSIT,OR DON’T USE DIRECT DEPOSIT, EXPECT A PAPER CHECK.EXPECT A PAPER CHECK. THE GOAL IS TO HAVE THEM WRITTENTHE GOAL IS TO HAVE THEM WRITTEN AND DELIVERED IN THE NEXT THREEAND DELIVERED IN THE NEXT THREE WEEKS, BUT IT COULD BE MAYWEEKS, BUT IT COULD BE MAY BEFORE THEY ARRIVE.BEFORE THEY ARRIVE. AND, OF COURSE, THERE’S THEAND, OF COURSE, THERE’S THE HOUSE AFTER THE SENATE VOTES.HOUSE AFTER THE SENATE VOTES. AND IF THEY’RE IN THE PROCESS OFAND IF THEY’RE IN THE PROCESS OF DOING THAT NOW, GOOD.DOING THAT NOW, GOOD. THE HOUSE IS NOT EVEN IN TOWN.THE HOUSE IS NOT EVEN IN TOWN. SO THERE ARE QUESTIONS ABOUT HOWSO THERE ARE QUESTIONS ABOUT HOW THEY’LL MANAGE THAT.THEY’LL MANAGE THAT. THEY BELIEVE THEY CAN DO IT BYTHEY BELIEVE THEY CAN DO IT BY ACCLIMATATION.ACCLIMATATION. BUT THE BELIEF IS THEY COULDBUT THE BELIEF IS THEY COULD HAVE IT WRAPPED UP A DAY OR TWO.HAVE IT WRAPPED UP A DAY OR TWO. BUT THE DEADLINE WAS MONDAY, SOBUT THE DEADLINE WAS MONDAY, SO THEY’RE A BIT TARDY.THEY’RE A BIT TARDY. >> Kim: AND WHAT ABOUT ANY>> Kim: AND WHAT ABOUT ANY HOLDUPS?HOLDUPS? >> Rod: THE AMOUNT OF>> Rod: THE AMOUNT OF UNEMPLOYMENT THAT WILL BE HANDEDUNEMPLOYMENT THAT WILL BE HANDED OUT.OUT. BERNIE SANDERS WAS QUITE UPSETBERNIE SANDERS WAS QUITE UPSET ABOUT SOME OF THE CUTS THAT WEREABOUT SOME OF THE CUTS THAT WERE DONE IN THERE, AND OTHER THINGSDONE IN THERE, AND OTHER THINGS IN THE BILL.IN THE BILL. YOU CRAFT A BILL OF THIS SIZE,YOU CRAFT A BILL OF THIS SIZE, ONE OF THE LARGEST EVER AND YOUONE OF THE LARGEST EVER AND YOU DO IT IN THIS SPEED, YOU’LL MAKEDO IT IN THIS SPEED, YOU’LL MAKE MISTAKES AND THERE WEREMISTAKES AND THERE WERE INCENTIVES FOR PEOPLE NOT TOINCENTIVES FOR PEOPLE NOT TO WORK, SO THEY’RE TRYING TOWORK, SO THEY’RE TRYING TO CHANGE THAT.CHANGE THAT. >> Devin: AND WE’RE WATCHING THE

< ?xml version="1.0" encoding="utf-8" ?><>

< start="1.135" dur="1.234">BUT SADLY HE DID NOT SURVIVE. >> Kim: WE’LL GET TO THAT STORY>

< start="2.403" dur="0.933">>> Kim: WE’LL GET TO THAT STORY IN JUST A MOMENT.>

< start="3.338" dur="3.702">IN JUST A MOMENT. BUT FIRST, WE WANNA -- IS THIS>

< start="7.041" dur="0.733">BUT FIRST, WE WANNA -- IS THIS LIVE VIDEO?>

< start="7.775" dur="2.401">LIVE VIDEO? >> Devin: LIVE VIDEO FROM THE>

< start="10.177" dur="1.634">>> Devin: LIVE VIDEO FROM THE SENATE FLOOR, CHUCK SCHUMER>

< start="11.846" dur="2.401">SENATE FLOOR, CHUCK SCHUMER TALKING AS THE SENATE AIMS TO>

< start="14.282" dur="2.201">TALKING AS THE SENATE AIMS TO VOTE TODAY ON THIS $2 TRILLION>

< start="16.517" dur="12.645">VOTE TODAY ON THIS $2 TRILLION WE HEARD STEVE MNUCHIN SAY WHAT>

< start="29.163" dur="0.733">WE HEARD STEVE MNUCHIN SAY WHAT IT MIGHT MEAN.>

< start="29.93" dur="1.801">IT MIGHT MEAN. >> Kim: WHAT KIND OF CHECK AM I>

< start="31.766" dur="2.034">>> Kim: WHAT KIND OF CHECK AM I ELIGIBLE FOR OR NOT ELIGIBLE>

< start="33.835" dur="0.132">ELIGIBLE FOR OR NOT ELIGIBLE FOR?>

< start="33.968" dur="3.736">FOR? FOR SOME ANSWERS, WE TURN TO>

< start="37.705" dur="0.566">FOR SOME ANSWERS, WE TURN TO BUSINESS EDITOR ROD MELONI.>

< start="38.272" dur="0.533">BUSINESS EDITOR ROD MELONI. ROD, GOOD EVENING.>

< start="38.806" dur="2.802">ROD, GOOD EVENING. >> Rod: GOOD EVENING, KIMBERLY.>

< start="41.609" dur="0.967">>> Rod: GOOD EVENING, KIMBERLY. WE’RE AT THE IRS BUILDING>

< start="42.577" dur="1.167">WE’RE AT THE IRS BUILDING BECAUSE IT’S THE IRS THAT WILL>

< start="43.778" dur="2.034">BECAUSE IT’S THE IRS THAT WILL BE MANAGING THIS.>

< start="45.847" dur="2.701">BE MANAGING THIS. AND LET’S THINK ABOUT THIS: A>

< start="48.583" dur="0.833">AND LET’S THINK ABOUT THIS: A QUARTER OF A TRILLION DOLLARS>

< start="49.451" dur="2.034">QUARTER OF A TRILLION DOLLARS THAT’S TO BE HANDED OUT TO>

< start="51.486" dur="1.167">THAT’S TO BE HANDED OUT TO AMERICAN CITIZENS AS THEY GET>

< start="52.687" dur="0.9">AMERICAN CITIZENS AS THEY GET READY TO VOTE HERE.>

< start="53.588" dur="2.635">READY TO VOTE HERE. LET’S LOOK AT WHAT YOUR PIECE OF>

< start="56.257" dur="1.267">LET’S LOOK AT WHAT YOUR PIECE OF THAT MIGHT LOOK LIKE.>

< start="57.525" dur="1.334">THAT MIGHT LOOK LIKE. SO HERE’S HOW IT WORKS.>

< start="58.893" dur="2.702">SO HERE’S HOW IT WORKS. THE AVERAGE CHECK WILL BE $1200>

< start="61.596" dur="1.801">THE AVERAGE CHECK WILL BE $1200 PER ADULT AND $500 PER CHILD.>

< start="63.431" dur="1.634">PER ADULT AND $500 PER CHILD. IF YOU HAVEN’T FILED YOUR TAXES>

< start="65.1" dur="2.835">IF YOU HAVEN’T FILED YOUR TAXES FOR 2019, THEN YOU’LL WANT TO>

< start="67.97" dur="1.5">FOR 2019, THEN YOU’LL WANT TO TURN TO YOUR 2018 TAX RETURN.>

< start="69.504" dur="2.902">TURN TO YOUR 2018 TAX RETURN. EITHER WAY, LOOK FOR YOUR>

< start="72.407" dur="1.901">EITHER WAY, LOOK FOR YOUR ADJUSTED GROSS INCOME OR YOUR>

< start="74.309" dur="0.8">ADJUSTED GROSS INCOME OR YOUR TAXABLE INCOME.>

< start="75.11" dur="1.7">TAXABLE INCOME. IF YOU FILED INDIVIDUALLY AND>

< start="76.845" dur="1.567">IF YOU FILED INDIVIDUALLY AND MADE $75,000 OR LESS, YOU’LL>

< start="78.413" dur="1.367">MADE $75,000 OR LESS, YOU’LL QUALIFY FOR THE FULL CHECK.>

< start="79.814" dur="3.336">QUALIFY FOR THE FULL CHECK. IF YOU FILED JOINTLY, IT’S>

< start="83.184" dur="1.468">IF YOU FILED JOINTLY, IT’S $150,000 OR LESS FOR THAT FULL>

< start="84.653" dur="0.666">$150,000 OR LESS FOR THAT FULL CHECK.>

< start="85.32" dur="1.2">CHECK. IF YOU MADE MORE THAN THE>

< start="86.521" dur="1.767">IF YOU MADE MORE THAN THE FIGURES, YOU MAY STILL QUALIFY>

< start="88.323" dur="2.935">FIGURES, YOU MAY STILL QUALIFY FOR SOME LESSER GOVERNMENT CASH.>

< start="91.293" dur="1.567">FOR SOME LESSER GOVERNMENT CASH. SINGLE FILERS BETWEEN $75,000>

< start="92.861" dur="3.603">SINGLE FILERS BETWEEN $75,000 AND $99,000 WILL GET A SMALLER>

< start="96.465" dur="0.265">AND $99,000 WILL GET A SMALLER CHECK.>

< start="96.732" dur="3.401">CHECK. FOR JOINT FILERS, FROM $150,000>

< start="100.135" dur="1.934">FOR JOINT FILERS, FROM $150,000 TO $198,000.>

< start="102.07" dur="1.767">TO $198,000. BUT THIS LEAVES A LOT OF PEOPLE>

< start="103.839" dur="0.766">BUT THIS LEAVES A LOT OF PEOPLE IN SPECIAL CIRCUMSTANCES>

< start="104.639" dur="1.601">IN SPECIAL CIRCUMSTANCES WONDERING IF THEY’LL GET A>

< start="106.274" dur="0.4">WONDERING IF THEY’LL GET A CHECK, TOO.>

< start="106.675" dur="1">CHECK, TOO. IF YOU’RE ON SOCIAL SECURITY,>

< start="107.676" dur="1.2">IF YOU’RE ON SOCIAL SECURITY, YOU’LL GET A CHECK.>

< start="108.877" dur="1.601">YOU’LL GET A CHECK. IF YOU DIDN’T MAKE ANY MONEY>

< start="110.479" dur="2.335">IF YOU DIDN’T MAKE ANY MONEY LAST YEAR OR HAVEN’T FILED A TAX>

< start="112.848" dur="1.3">LAST YEAR OR HAVEN’T FILED A TAX RETURN BECAUSE YOU DON’T MAKE>

< start="114.149" dur="1.734">RETURN BECAUSE YOU DON’T MAKE MUCH MONEY, YOU CAN GET A FULL>

< start="115.917" dur="0.166">MUCH MONEY, YOU CAN GET A FULL CHECK.>

< start="116.084" dur="1.734">CHECK. BUT IN ORDER TO GET IT, YOU HAVE>

< start="117.853" dur="1.534">BUT IN ORDER TO GET IT, YOU HAVE TO FILE A TAX RETURN GIVING THE>

< start="119.421" dur="3.97">TO FILE A TAX RETURN GIVING THE IRS SOME WAY TO KNOW THAT YOU>

< start="123.392" dur="0.599">IRS SOME WAY TO KNOW THAT YOU ARE IN FACT THERE.>

< start="123.993" dur="2.067">ARE IN FACT THERE. THE SO-CALLED CHECKS ARE NOT>

< start="126.061" dur="1.334">THE SO-CALLED CHECKS ARE NOT ACTUALLY CHECKS.>

< start="127.396" dur="2.301">ACTUALLY CHECKS. THEY’LL BE DIRECT DEPOSITS TO>

< start="129.698" dur="1.067">THEY’LL BE DIRECT DEPOSITS TO BANK ACCOUNTS THE IRS MAY EVER>

< start="130.766" dur="0.666">BANK ACCOUNTS THE IRS MAY EVER FOR YOU.>

< start="131.466" dur="2.502">FOR YOU. IF YOU DON’T HAVE A BANK ACCOUNT>

< start="133.969" dur="1.734">IF YOU DON’T HAVE A BANK ACCOUNT OR DON’T USE DIRECT DEPOSIT,>

< start="135.737" dur="2.168">OR DON’T USE DIRECT DEPOSIT, EXPECT A PAPER CHECK.>

< start="137.906" dur="1.4">EXPECT A PAPER CHECK. THE GOAL IS TO HAVE THEM WRITTEN>

< start="139.308" dur="1.167">THE GOAL IS TO HAVE THEM WRITTEN AND DELIVERED IN THE NEXT THREE>

< start="140.476" dur="3.736">AND DELIVERED IN THE NEXT THREE WEEKS, BUT IT COULD BE MAY>

< start="144.213" dur="1">WEEKS, BUT IT COULD BE MAY BEFORE THEY ARRIVE.>

< start="145.214" dur="2.435">BEFORE THEY ARRIVE. AND, OF COURSE, THERE’S THE>

< start="147.683" dur="2.134">AND, OF COURSE, THERE’S THE HOUSE AFTER THE SENATE VOTES.>

< start="149.852" dur="1.733">HOUSE AFTER THE SENATE VOTES. AND IF THEY’RE IN THE PROCESS OF>

< start="151.587" dur="1.634">AND IF THEY’RE IN THE PROCESS OF DOING THAT NOW, GOOD.>

< start="153.222" dur="1.634">DOING THAT NOW, GOOD. THE HOUSE IS NOT EVEN IN TOWN.>

< start="154.89" dur="1.234">THE HOUSE IS NOT EVEN IN TOWN. SO THERE ARE QUESTIONS ABOUT HOW>

< start="156.158" dur="1.401">SO THERE ARE QUESTIONS ABOUT HOW THEY’LL MANAGE THAT.>

< start="157.593" dur="8.908">THEY’LL MANAGE THAT. THEY BELIEVE THEY CAN DO IT BY>

< start="166.502" dur="0.299">THEY BELIEVE THEY CAN DO IT BY ACCLIMATATION.>

< start="166.836" dur="1.4">ACCLIMATATION. BUT THE BELIEF IS THEY COULD>

< start="168.237" dur="2.335">BUT THE BELIEF IS THEY COULD HAVE IT WRAPPED UP A DAY OR TWO.>

< start="170.606" dur="3.402">HAVE IT WRAPPED UP A DAY OR TWO. BUT THE DEADLINE WAS MONDAY, SO>

< start="174.009" dur="0.9">BUT THE DEADLINE WAS MONDAY, SO THEY’RE A BIT TARDY.>

< start="174.943" dur="2.635">THEY’RE A BIT TARDY. >> Kim: AND WHAT ABOUT ANY>

< start="177.613" dur="0.299">>> Kim: AND WHAT ABOUT ANY HOLDUPS?>

< start="177.947" dur="1.033">HOLDUPS? >> Rod: THE AMOUNT OF>

< start="179.014" dur="1.701">>> Rod: THE AMOUNT OF UNEMPLOYMENT THAT WILL BE HANDED>

< start="180.749" dur="0.233">UNEMPLOYMENT THAT WILL BE HANDED OUT.>

< start="181.016" dur="1.735">OUT. BERNIE SANDERS WAS QUITE UPSET>

< start="182.784" dur="1.402">BERNIE SANDERS WAS QUITE UPSET ABOUT SOME OF THE CUTS THAT WERE>

< start="184.22" dur="1.634">ABOUT SOME OF THE CUTS THAT WERE DONE IN THERE, AND OTHER THINGS>

< start="185.888" dur="0.566">DONE IN THERE, AND OTHER THINGS IN THE BILL.>

< start="186.456" dur="1.867">IN THE BILL. YOU CRAFT A BILL OF THIS SIZE,>

< start="188.324" dur="1.934">YOU CRAFT A BILL OF THIS SIZE, ONE OF THE LARGEST EVER AND YOU>

< start="190.259" dur="2.668">ONE OF THE LARGEST EVER AND YOU DO IT IN THIS SPEED, YOU’LL MAKE>

< start="192.928" dur="2.134">DO IT IN THIS SPEED, YOU’LL MAKE MISTAKES AND THERE WERE>

< start="195.064" dur="1.334">MISTAKES AND THERE WERE INCENTIVES FOR PEOPLE NOT TO>

< start="196.432" dur="0.933">INCENTIVES FOR PEOPLE NOT TO WORK, SO THEY’RE TRYING TO>

< start="197.4" dur="1.066">WORK, SO THEY’RE TRYING TO CHANGE THAT.>

< start="198.467" dur="0.867">CHANGE THAT. >> Devin: AND WE’RE WATCHING THE>