29 Million People Would Not Get Stimulus Checks Under GOP's COVID Relief Plan .<br />Senate Republicans revealed a $618 billion counterproposal to Biden's $1.9 trillion coronavirus relief plan on Monday.<br />Sen. Susan Collins and 10 of her colleagues <br />met with President Biden Monday evening <br />to try to come to an agreement.<br />Under the GOP's plan, individuals earning more than $50,000 a year and couples earning more than $100,000 would not receive stimulus checks.<br />Under Biden's plan, individuals earning less than $75,000 <br />and couples earning less than $150,000 would be included.<br />Republicans also want to provide smaller $1,000 payments than Biden's $1,400 payments.<br />Biden's stimulus payment plan would cost <br />$465 billion versus the GOP's $220 billion proposal.<br />Some economists have argued that when stimulus checks are being paid to those who've not been financially hurt by the pandemic, it doesn't really help the economy.<br />Instead of paying bills or rent with the funds like those who need it most, they're stashing it away in savings
