Stimulus Package 2 Bill Details

The package includes 20 billion for the purchase of vaccines nearly 9 billion for vaccine distribution and about 22 billion to help states with testing tracing and covid 19 mitigation programs.

Stimulus package 2 bill details. 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. 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.

The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000. Answers to your questions about the stimulus bill updated dec 30 2020 the economic relief package will issue payments of 600 and distribute a federal unemployment benefit of 300 for at least 10. The bill contains 600 stimulus checks for most americans with another 600 per child a 300 weekly unemployment supplement and 284 4 billion in forgivable small business paycheck protection.

The spending primarily includes 300 billion in one time cash payments to individual. Congress has now passed the second stimulus bill which includes 300 weekly unemployment benefits and 600 direct checks. 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.