New Stimulus Bill Congress

House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting.

New stimulus bill congress. The legislation will provide desperately needed financial assistance to families hit hard by the covid 19 pandemic president trump signed the bill into law on dec. President elect joe biden has released a 1 9 trillion stimulus package which includes more stimulus checks unemployment benefits and state and local aid. The new unemployment.

The bill which came about months after congress let pandemic era financial lifelines for individuals and businesses collapse over the summer included a 300 per week unemployment insurance boost. Washington congress approved a massive 900 billion relief bill on monday evening to provide sorely needed aid to americans suffering amid the economic fallout from the coronavirus pandemic. After a prolonged stalemate congressional figureheads have finally agreed upon a new covid relief package that includes a second round of stimulus checks.

The 900 billion stimulus package covid 19 relief bill is exactly what one would expect from a dysfunctional tone deaf congress. At its core this new relief act is intended to support people and businesses alike until the pandemic comes under control. The 600 child stimulus check is slightly more generous than the 500 authorized by congress in march while the amount for adults is half the size as the initial round.

Congress pushed through another stopgap. There s a theoretical chance that the new congress could bring up a bill to increase the 600 second stimulus check to 2 000 during trump s final days in office with the irs and us treasury. En español ending a stalemate that stretched for more than seven months congress passed a 900 billion bipartisan economic stimulus bill on dec.

On december 28 the u s.