Home passes Biden’s $1.9 trillion stimulus bundle


One other spherical of stimulus checks is one step nearer to turning into a actuality.

Sarah Tew/CNET

The US Home has handed President Joe Biden’s $1.9 trillion stimulus bill late Friday evening, which incorporates a third stimulus check for up to $1,400. The invoice handed 219-212, and can now head to the Senate for a vote. The bundle is on monitor to move earlier than present unemployment benefits expire March 14.

The stimulus bundle, referred to as the American Rescue Plan Act of 2021, would deliver a new stimulus payment as quickly as subsequent month. It might additionally extend $400 weekly unemployment benefits till the top of August and allocate money for COVID-19 vaccine distribution. The invoice contains language round step by step increasing the federal minimum wage to $15 per hour, although this faces robust opposition within the Senate and could possibly be eliminated because it may not meet certain rules that apply to the unique way the bill will pass.

Learn extra: New stimulus check: Status update, biggest unknowns, what could cause a delay                   

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Stimulus examine No. 3: What it’s good to know


Democrats, who now management the Home and Senate because of Vice President Kamala Harris’s tie-breaking vote, are speeding up the passage of a bill using a technique called budget reconciliation, which can enable them to maneuver ahead with out Republican assist. (GOP leaders have stated the quantity of the practically $2 trillion stimulus invoice is too high.)

Final 12 months, certified Individuals obtained two stimulus checks: one for $1,200 and a second one for $600. For this third round of checks, the invoice might make adult dependents as well as children, and families with mixed-status citizenship, eligible for a payment.

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