Stimulus Bill In July
Here is no surprise to anyone but the 5 000 page stimulus bill equal to 900 billion is packed full of pork.
Stimulus bill in july. Senate republicans are in no hurry to pass the next coronavirus relief bill. The coronavirus aid relief and economic security act also known as the cares act is a 2 2 trillion economic stimulus bill passed by the 116th u s. Congress and signed into law by president donald trump on march 27 2020 in response to the economic fallout of the covid 19 pandemic in the united states.
2020 cares act march 2020 revised heroes act oct. The july jobs stimulus will help get ireland s businesses back on their feet and get as many people as possible back to work quickly. The bill would provide 100 billion in education funds of which 90 billion would go to states to be split between k 12 and higher education.
Senate republicans on monday formally unveiled their roughly 1 trillion stimulus proposal which includes a 400 cut in enhanced unemployment benefits and will serve as an opening bid for. Democrats passed their own 3 trillion version of a stimulus bill in april almost before the ink was dry on the first stimulus bill. Here are five reasons you should expect a bipartisan stimulus bill sometime this month.
It s not clear what all will be in the legislation. 2020 total cost of stimulus package. 900 billion 2 2 trillion.
5 reasons a second stimulus will be passed in july. Following passage of the heroes act by the. The spending primarily includes 300 billion in one time cash payments to individual.
It is the next stage in ireland s response to the covid 19 pandemic building on the extensive business and employment supports already in place. The first round of stimulus didn t do enough. We just got our hands on the text and we are combing through the document but here are some of the highlights.