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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.
Stimulus bill passed 2020. Congress passes 900 billion stimulus bill including 600 checks and more unemployment but leaves out student loan relief. President trump on sunday signed a 2 3 trillion covid 19 relief and government funding bill that includes 600 stimulus checks for most americans after refusing to accept the deal for days. Washington congress approved a massive 900 billion relief bill on monday evening to provide sorely needed aid to.
The spending primarily includes 300 billion in one time cash payments to individual. Washington the 900 billion stimulus bill that president trump finally signed into law on. 12 21 2020 11 48 pm est.
Congressional leaders on monday unveiled the text of a 900 billion fiscal stimulus package and a 1 4 trillion government funding deal. Al drago for the new york times. 28 2020 updated dec.
The senate on monday night approved a 2 3 trillion covid 19 relief bill and sent it to president trump for his signature. 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.
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