Stimulus Bill And Budget
President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments.
Stimulus bill and budget. Whether or not one agrees with either the general concept or the specific design of the u s. As far as who has the autonomy to decide how the money is spent when an appropriations bill is signed into law that means the president and the congress have agreed that the money will be spent however the bill specifies that it will be spent. After eight months of on and off talks congress finally agreed upon a second stimulus bill that aims to ease the ongoing economic pains caused by the coronavirus pandemic.
President donald trump signed the massive 2 3 trillion coronavirus relief and government funding bill into law sunday night averting a government shutdown that was set to begin on tuesday and. Congressional leaders have hashed out a massive year end catchall bill that combines 900 billion in covid 19 aid with a 1 4 trillion spending bill and reams of other unfinished legislation on. Congress passes stimulus bill with 10m for gender programs in pakistan holly matkin december 22 2020 washington dc a new federal stimulus package passed by both houses of congress late monday night included a staggering 25 million earmarked for democracy and gender programs in pakistan.
The 5 000 page 900 billion fiscal stimulus legislation passed by congress on monday is not a jobs bill and it will do far more short and long term damage to the u s. Here s how it s supposed to work. Early in the year congress passes a budget resolution.