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Stimulus bill december 2020 summary. Following is our simple summary of the 5 593 page consolidated appropriations act signed into law on december 27. 28 2020 at 12 58 a m. President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments.
Sunday evening leadership in the u s. The bill also includes extended 300 per week in enhanced unemployment benefits as well as other. Stimulus money the 600 direct payments targeted at individuals making 75 000 a year or less is also available for filers under quot head of household quot.
After much negotiation a 900 billion stimulus package was finally passed in late december of 2020. House and senate came to an agreement over the details of a 900 billion coronavirus relief bill to be attached to a broader 1 4 trillion omnibus which will fund the federal government for the 2021 fiscal year. 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.
Trump has said that he will sign the bill giving 600 stimulus checks to eligible americans. President trump on sunday night signed a 900 billion stimulus bill into law avoiding a government shutdown after he demanded changes to the sprawling.
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