The Most Important Items in the $1 9T American Rescue Plan Signed by President Biden | BakerHostetler jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Congress Passes Massive COVID Bailout Bill Which Costs Taxpayers More Money Than They Will Receive
Democrats in Congress passed President Joe Biden’s $1.9 trillion COVID-19 spending bill on Wednesday without any votes from Republicans, costing taxpayers thousands of dollars more than they could potentially receive in a stimulus check.
The legislation, which Biden is expected to sign into law on Friday, contains a myriad of provisions ranging from extending unemployment benefits through September, expanding the child tax credit, allocating billions of dollars for small business loans through the paycheck protection program, designating billions more for the Low Income Home Energy Assistance Program, expansions on Obamacare insurance subsidies even for those who may not need the financial help, paying the Centers for Disease Control (CDC) billions to help facilitate vaccine distribution and administration, grants for restaurants, money for schools which may or may not reopen, tax h
GoLocalWorcester | Warren Highlights Billions for Massachusetts Families in Biden $1 9 Trillion Stimulus Package golocalworcester.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from golocalworcester.com Daily Mail and Mail on Sunday newspapers.
Here’s What’s In The American Rescue Plan
The colossal package allocates money for COVID-19 vaccines, schools, small businesses and anti-poverty programs like the child tax credit. Here are the highlights, including what the Senate changed.
March 11, 2021, 1:33 PM
The Senate approved a $1.9 trillion rescue package on March 6. The House gave final approval to the legislation on Wednesday.
President Joe Biden signed a $1.9 trillion coronavirus relief bill on Thursday, a day after the House gave final approval to package. The colossal package known as the American Rescue Plan allocates money for vaccines, schools, small businesses and anti-poverty programs such as an expanded child tax credit that would mean new monthly payments to many parents.