New Stimulus Bill Passed Senate
Congress passes new covid stimulus bill with 600 payments to most americans the legislation would provide direct payments of 600 to most americans and their children.
New stimulus bill passed senate. This is a finished inversion of the irs direction gave a month ago. The bill provides. Wall street journal chief economics commentator greg ip talks about the new aid package passed in the senate and answers listener questions about the economy and stimulus checks.
De blasio derided the most recent federal stimulus package which was passed by congress monday as merely short term relief that would not fundamentally address the dire fiscal needs now faced. Those with incomes of more. 28 to authorize a 2 000 second stimulus payment for every qualifying adult and dependent but it hasn t been picked up for a vote in.
The house of representatives voted monday to give most americans 2 000 covid 19 stimulus checks but the bill may still die in the senate. The legislation which passed in the house authorizes 600 stimulus. The senate on monday night approved a 2 3 trillion covid 19 relief bill and sent it to president trump for his signature.
The following is an outline of the stimulus bill as it passed the house and senate on december 21 2020. The house of representatives passed the cash act pdf on dec. Most democrats and 44 republicans supported the five page.
Topline the democratic led house of representatives monday passed a bill that would increase the second round of direct payments in the new stimulus bill to 2 000 after president trump called the. The senate unanimously passed an approximately 2 2 trillion stimulus package late wednesday night in an effort to jump start an economy decimated by the coronavirus pandemic. Given that the standard ream of paper contains 500 pages and stands 2 5 inches tall the total height of the bill is 2 5 feet.