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December 2020 CASH Proposal Comparison

Compare the House-passed 2,000-dollar proposal with the completed 600-dollar second-round payment scenario.

Formula & worked example
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How to use this calculator

Enter the known values in the units shown. Results update as you type.
Where results are editable, change one to solve backwards. Lock a value to hold it fixed.
Use the worked example to check the method. Reset restores the starting fields.

Use the result with context

Results are estimates for planning and education. Confirm rates, taxes, fees, and legal requirements with the relevant institution or a qualified professional before making a financial decision.

Formula and method

The single-filer example with two dependents and 80,000 dollars of income gives 5,750 dollars under the historical CASH proposal, versus 1,550 dollars for the modeled second-round amount: a 4,200-dollar difference.

Both scenarios phase the full modeled payment down by 5% of income above the filing threshold. The CASH proposal uses 2,000 per qualifying person; the second-round comparison uses 600 per qualifying adult/child.

Worked example

Enter these known values and leave the other values blank.

How many dependents?: 2
How many dependents under 17?: 2
Income in 2019 (AGI): 80000

You will receive: 5750
You would receive: 1550

Assumptions and limitations

This compares the historical December 28, 2020 House-passed CASH Act proposal with the enacted 600-dollar second-round payment. The 2,000-dollar CASH proposal did not become that payment schedule.
The proposal expanded the dependent category; the comparison counts qualifying children under 17 separately. Enter the qualifying under-17 count as no greater than the full dependent count.
Filing, citizenship, social-security-number, residence, dependency and return-data requirements are assumed. This is a historical comparison, not a benefit application or current eligibility claim.
These formulas calculate results from entered inputs; a missing input can prevent a result.

Common questions

What does this scenario assume?

This compares the historical December 28, 2020 House-passed CASH Act proposal with the enacted 600-dollar second-round payment. The 2,000-dollar CASH proposal did not become that payment schedule.

What does the result leave out?

Filing, citizenship, social-security-number, residence, dependency and return-data requirements are assumed. This is a historical comparison, not a benefit application or current eligibility claim.

References

Reviewed local arithmetic: Both scenarios phase the full modeled payment down by 5% of income above the filing threshold. The CASH proposal uses 2,000 per qualifying person; the second-round comparison uses 600 per qualifying adult/child. Model input requirements: Income must be nonnegative. Dependents must be a nonnegative whole count. Under-17 qualifying children must be a nonnegative whole count no greater than all dependents.

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