stimulus bill

STIMULUS BILL PASSES SENATE, IS EXPECTED TO BE SIGNED BY BIDEN THIS WEEK: HERE’S WHAT’S IN IT

Update March 11, 2021:  President Biden has signed this measure into law.

Read full text of the American Recovery Act 2021

By Miriam Raftery

March 8, 2021 (Washington D.C.) – By a 50-49 margin without a single Republican vote, Senate Democrats passed a COVID-19 relief measure that now heads back to the House to approve changes. The House is expected to approve the bill as early as Tuesday, which President Joe Biden has said he will sign into law immediately.

The measure includes a new round of stimulus checks for most Americans and extension of unemployment benefits, but also many less-publicized forms of aid ranging from expansion of child tax credits to relief for restaurants, event venues, and other businesses hardest hit by the pandemic and much more.

One major element removed in the Senate version of the bill is a minimum wage increase, which the Senate Parliamentarian ruled did not fit the rules required to pass the stimulus bill by a simple majority vote needed to avoid a filibuster. The Biden administration is expected to propose a separate bill to address the minimum wage issue in the future.

Here are highlights of what the $1.9 trillion coronavirus relief bill includes:

TRUMP SIGNS STIMULUS BILL; U.S. NOW HAS MOST COVID-19 CASES IN WORLD

By Miriam Raftery

March 27, 2020 (Washington D.C.) -- President Trump has signed a $2 trillion economic stimulus bill, the largest in American history, stating, “I want to thank Democrats and Republicans for coming together and putting America first.”  The package includes direct payments, loans and grants.

The action comes after the U.S. surpassed China and Italy with the most COVID-19 coronavirus cases of any nation on earth. Worldwide over half a billion people have been infected with the virus. In the US there are over 95,000 confirmed cases and more than 1,450 people have died.

The Senate coronavirus bill will include help for: