3 Trillion Stimulus Package What S In It

The package will extend aid to millions of struggling households through stimulus checks enhanced federal unemployment benefits and money for small businesses schools and child care as well as.

3 trillion stimulus package what s in it. 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 history. The bill which spans more than 1 800 pages is. A look at what s in biden s 1 9 trillion stimulus plan the president elect is rolling out a large spending package aimed at helping battle the virus and alleviate the economic toll it has taken.

Biden s proposed spending splurge comes in the context of the federal government already having spent an astounding 3 trillion and counting on covid 19 relief and stimulus efforts. Billed as the american rescue plan the package augments many of the measures in congress historic 3 trillion coronavirus relief bill from march and in the 900 billion legislation from december. 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.

Many of the government s various economic initiatives have proven ineffective and rife with fraud but biden s plan would simply double down on this approach and pour more money into it. Congress approved late monday december 21 2020 a 5 593 page 2 3 trillion funding package consisting of a 900 billion end of the year coronavirus stimulus bill attached to a 1 4 trillion.