Congress Another Stimulus Package
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It s likely that 2 000 stimulus checks as well as state and local aid will be included.
Congress another stimulus package. Stocks were lower to start monday with the dow dropping 204 points or 0 7. This money would be in addition to the 600 payments that were approved by congress in. Many americans have a 600 stimulus check headed their way as part of a recent relief package but it s possible another payment could hit people s accounts in the next year.
Beefed up stimulus payments the plan calls for sending another 1 400 per person to eligible recipients. It does not include biden s proposed 10 000 in student loan forgiveness. Congress and president elect joe biden could release a new stimulus package as early as this week.
State reopenings affect the. As part of the package the president elect also called on congress to raise the federal minimum wage to 15 per hour. After months of haggling congress finally moved forward with its latest covid 19 relief and stimulus package.
Washington reuters the white house has halted talks with congress over any further coronavirus stimulus package as it waits for more information about how u s. Congress passed the consolidated appropriations act 2021 h r 133 on december 21 2020 and sent it to president trump to be signed. Congressional leaders on sunday reached a deal on a 900 billion covid 19 economic relief package that includes 600 direct payments to americans and 300 in enhanced unemployment for the next 10.
President joe biden will escalate appeals for congress to back his top priority 1 9 trillion in pandemic relief seeking to overcome republican opposition to the plan as he enters his first full. Congress finally agreed on another stimulus package december 21 2020 plus moderna s covid 19 vaccine was approved for emergency use by the fda tesla shares are down on its first day in the s p 500 and nike shares are up after an earnings beat.
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