Total Cost Of First Stimulus Package

The deal also makes the stimulus.

Total cost of first stimulus package. About 16 800 per income taxpayer she said. That started with the 168 billion stimulus package approved in early 2008 and signed by president bush and ended with the deal between president obama and congressional republicans that was. The bill creates a.

Part of that relief effort is stimulus. 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. Individuals making up to 75 000 a year will receive a payment of 600 while couples making up to 150 000 will receive 1 200 in addition to 600 per child.

Keep in mind some of the package is loans and may ultimately be paid back she said. Signed into law by president donald trump on march 27 2020. The stimulus package would provide about 117 billion for hospitals according to an estimate from the american hospital association which called it an important first step.

Senate republicans have introduced several stimulus proposals. They range from the 1 1 trillion heals act to a skinny stimulus package that would cost roughly 300 billion. 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.