Second Stimulus Package Bill Passed

By aimee picchi updated on.

Second stimulus package bill passed. A second round of stimulus checks may soon land in the bank accounts of millions of americans after president donald trump signed a 900 billion economic relief package on december 27. The bill comes nine months after the cares act stimulus package was signed in march 2020 as well as months of partisan haggling between republicans who wanted a more limited package and. The house is currently agreeing.

December 23 2020 1 29 am moneywatch congress reaches 900 billion deal on pandemic relief package. Cnn congressional leaders on monday released the text of a far reaching 900 billion covid 19 relief package. How much would you get.

The bill the house passed does include a second 1 200 stimulus check. Congressional leaders on monday unveiled the text of a 900 billion fiscal stimulus package and a 1 4 trillion government funding deal that will deliver critical pandemic aid to millions of. While the package provides far more money for k 12 schools than the first stimulus bill in march the funds still fall short of what both sectors say they need to blunt the effect of the pandemic.

Text of the new 900 billion stimulus bill the measure is the second largest federal stimulus package after the 2 trillion cares act that congress approved in march. 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.