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MIL-OSI Global: The US prepares to deliver $1.9 trillion jolt of economic relief: 4 essential reads - Vimarsana News

MIL-OSI Global: The US prepares to deliver $1.9 trillion jolt of economic relief: 4 essential reads

The U.S. economy and millions of people struggling because of the pandemic are about to get a US$1.9 trillion jolt of stimulating relief. On March 10, the House of Representatives approved a version of President Joe Biden’s coronavirus package that barely squeezed through the Senate. Both votes were almost entirely along party lines. Biden is expected to sign the measure on March 12. The legislation includes $1,400 relief checks for most Americans, an extension of the $300 supplement for the unemployed, a more generous child tax credit and much more. We turned to our archive to provide some...

The US prepares to deliver $1.9 trillion jolt of economic relief: 4 essential reads - Vimarsana News

The US prepares to deliver $1.9 trillion jolt of economic relief: 4 essential reads

(The Conversation is an independent and nonprofit source of news, analysis and commentary...

Americans are still struggling despite trillions in COVID-19 aid - Vimarsana News

Americans are still struggling despite trillions in COVID-19 aid

Owen Humphreys/PA Images via Getty Images) Americans are still financially struggling during the pandemic despite aid from the government. A new study suggests further government aid is needed on a larger scale to help tens of millions of families. Low-income Black and Latino households may need more than others. As Congress prepares another injection of COVID-19 aid for businesses and individuals, there's been debate about whether it's necessary on top of the US$3.5 trillion spent so far. President Joe Biden had initially hoped to get bipartisan support for his ...