Stimulus Package 2 Latest News
Congress took its time and president donald trump held it up but a new stimulus package was finally signed into law on sunday night.
Stimulus package 2 latest news. Additional support for small businesses states and local governments. Similar to the cares act individuals making between 75 000 and 100 000 will. 2020 total cost of stimulus package.
Increased funding for vaccinations. More aid for the unemployed the hungry and those facing eviction. At issue was the amount of the stimulus check trump was pushing for 2 000 as well as.
2020 cares act march 2020 revised heroes act oct. News sports entertainment life money tech travel opinion. The stimulus package along with the spending bill waited a week for the president s signature.
President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. 900 billion 2 2 trillion. The legislation includes 600 stimulus checks per person including adults and children.
The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000. The package extends some provisions of the original stimulus package that was passed in the spring while adding new measures to help working families who have continued to suffer amid the pandemic. 600 stimulus checks 300 bonus for federal unemployment benefits in new deal.
The outlook for additional stimulus spending after president elect biden is inaugurated on january 20 will depend on whether republicans retain control of the senate.