3 Trillion Dollar Stimulus Package Update

In contrast democrats proposed the heroes act a 3 trillion stimulus bill.

3 trillion dollar stimulus package update. The bill which spans more than 1 800 pages is. House democrats announced a sweeping new covid 19 stimulus bill on tuesday with a price tag expected to be more than 3 trillion an amount that would stand as the largest relief package in. The new bill is set to cost more than 3 trillion which easily tops the 2 trillion cost of the late march stimulus package the biggest emergency spending measure in u s.

The house just recently voted last friday on may 15 to pass this second. Today s video is a quick update to the recently proposed 3 trillion dollar stimulus package called the heroes act. The cares act became the largest.

The house is expected to vote on the 3 trillion proposal on friday although it is considered dead on arrival in the republican controlled senate. President elect joe biden is putting together a large multi trillion dollar stimulus package to combat the worsening economic fallout of the pandemic. On friday biden said during a news conference that the latest jobs report which showed employers shed 140 000 jobs in december heightened urgency for lawmakers to act swiftly to help individuals and small businesses.

Republicans proposed the heals act a 1 trillion stimulus package as the next stimulus package. As english usa update. After the proposal for the 1 3 trillion stimulus relief package was announced pelosi whose party wants to spend 3 trillion dollar as outlined in their heroes act said that the total was not.