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In line with the cares act which provided 23 5 billion in funding for.
Heroes stimulus package details. White house offer details emerge 1 6 trillion stimulus package with 1 200 stimulus checks 400 unemployment benefits 250 billion state local aid. On july 27 senate republicans announced the details of their 1 trillion covid 19 stimulus package the health economic assistance liability protection and schools act follow up legislation to the coronavirus aid relief and economic security act passed in march what s in the cares act for food and agriculture. When it was all said and done the bill for the first economic stimulus package added up to a price tag of 2 trillion.
The heroes act includes a one time stimulus check payment similar to the cares act of 1 200 per person up to 6 000 per household but with several more generous features. 2020 total cost of stimulus package. Individuals earning up to 75 000 would get a one time 1 200 check.
Of that it s estimated 560 billion went to individual americans 500 billion went to large businesses 377 billion went to small business loans 340 billion was sent to state and local governments and 154 billion went.
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