3 Trillion Stimulus Package What S In It
A look at what s in biden s 1 9 trillion stimulus plan the president elect is rolling out a large spending package aimed at helping battle the virus and alleviate the economic toll it has taken.
3 trillion stimulus package what s in it. The package will extend aid to millions of struggling households through stimulus checks enhanced federal unemployment benefits and money for small businesses schools and child care as well as. The house is expected to vote on the 3 trillion proposal on friday although it is considered dead on arrival in the republican controlled senate. Billed as the american rescue plan the package augments many of the measures in congress historic 3 trillion coronavirus relief bill from march and in the 900 billion legislation from december.
The stimulus package also includes 75 million for the national endowment for the arts a federal program that trump has tried to cut from his budget proposals for the past four years and that in. Congress approved late monday december 21 2020 a 5 593 page 2 3 trillion funding package consisting of a 900 billion end of the year coronavirus stimulus bill attached to a 1 4 trillion. House democrats announced a sweeping new covid 19 stimulus bill on tuesday with a price tag expected to be more than 3 trillion an amount that would stand as the largest relief package in history.
The bill which spans more than 1 800 pages is. Biden s proposed spending splurge comes in the context of the federal government already having spent an astounding 3 trillion and counting on covid 19 relief and stimulus efforts.