U.S. Sen. Rob Portman, R-Ohio

U.S. Sen. Rob Portman

Last week, the Senate passed and the president signed into law an unprecedented bipartisan rescue package called the CARES Act that devotes $2 trillion towards helping the United States weather the storm of the coronavirus pandemic. Here in Ohio, where families, businesses, and our health system are all struggling to respond the disease, this new law helps us in a number of different ways.

First, the CARES Act helps Ohioans and their families manage the economic free fall we’re in because of this disease. The IRS will be sending payments of $1,200 for individuals making less than $75,000 per year, while couples making less than $150,000 per year will receive $2,400. In addition, families with children are eligible for an additional $500 per child. This means the average family of four will receive approximately $3,400 to help make ends meet in the coming weeks. Based on the latest information from the IRS, if you filed income taxes in 2018 or 2019, these payments are likely to be automatically deposited in your account within the next couple of weeks. For others, including seniors on social security who may not have other income, payments may take a little longer.

Email comments to briank@northwestsignal.net

I started at the Northwest Signal in 1994 and became editor in 2004. I graduated from Bowling Green State University in 1994.

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