New Stimulus Bill Did It Pass

The same was true in march when congressional leaders in the us senate suddenly unveiled the terms of the first stimulus bill.

New stimulus bill did it pass. Neither the president elect nor i propose this relief package. 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. On monday evening congress voted to pass the covid 19 economic relief bill that will provide 600 stimulus checks for an estimated 160 million americans.

If biden s proposal passes unchanged it would cost 1 9 trillion. Republicans have long chafed at spending more money on stimulus and this reluctance is apparent in the new bill. An even vaster sum around 1 7 trillion or roughly 8 3 of gdp.

The massive legislation is one of the longest bills ever considered but is expected to pass swiftly over back bench grumbles. Democratic controlled house passes bill to increase stimulus checks to 2 000 the house voted monday to increase the second round of federal direct payments to 2 000 as democrats embrace president. The house of representatives on monday passed a measure to increase stimulus checks for americans under a certain income level to 2 000 after president donald trump championed the effort sending.

Fox news noted as congress rushed to pass its year end spending omnibus legislation and a coronavirus stimulus bill in one fell swoop monday night many objected to the process which essentially. Stimulus bills are clearly expensive and create national debt. Currently ui recipients are receiving an extra 600 per week on top of their.