Where Is The Money Going From The New Stimulus Bill

When you look at all of the allocations spelled out in the legislation that means approximately 560 billion is going to individuals 500 billion to big corporations 377 billion to small businesses 339 8 billion to state local governments 153 5 billion going to public health 43 7 billion in education related spending and 26 billion to social safety net programs.

Where is the money going from the new stimulus bill. That 1 9 trillion figure is a lot of money to put it mildly. The new benefit up to 300 per week is half the amount provided by the original stimulus bill in the spring. The stimulus checks are means tested with people earning more than 75 000 or 150 000 per married couple filing jointly getting less money and people earning over 95 000 getting nothing.

As part of the package biden proposes sending 1 400 stimulus checks which combined with the 600 payments currently going out would add up to 2 000 in direct aid for qualifying individuals. House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting. The house of representatives won t be in session again until feb.

What we ve found so far below 135 million to burma 85 5 million to cambodia 1 4 billion for asia reassurance initiative. Could we see a package as soon as feb. President trump should veto this crap.

By way of comparison. Treasury secretary steven mnuchin said monday that the checks could go out as soon as next week. The stimulus bill is an overseas welfare bill.

120 billion in extra unemployment help jobless workers will get an extra 300 per week in federal. Congress passed a 900 billion relief program in december and its package in march was also about 2 trillion. The legislation also extends pandemic unemployment assistance a program aimed at a.

Meanwhile americans get a whopping 600.