New Stimulus Package Passed Today 2020

Here are the highlights of what is in covid 19 relief package that is now law including 600 relief checks for many americans an assortment of aid for small businesses and money to purchase and.

New stimulus package passed today 2020. 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. The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass. The stimulus package includes another round of stimulus checks.

President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. The legislation which passed in the house authorizes 600 stimulus checks for people who earn less than 75 000 per year and an extra 600 payment per child. President trump on sunday night signed a 900 billion stimulus bill into law avoiding a government shutdown after he demanded changes to the sprawling package and.

Every adult with a 2019 adjusted gross income less than 75 000 should receive 600. Congress has given itself little choice but to immediately get to work on the next economic stimulus package as soon as president elect biden takes office first published on december 9 2020. On december 28 the u s.

That amount declines by five dollars for every. Updated dec 30 2020. The economic relief package will issue payments of 600 and distribute a federal unemployment benefit of 300 for at least 10 weeks.