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The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
The bill is referred to as "Phase 3.5" of Congress's coronavirus response. [ 8 ] [ 9 ] It followed the first three phases: phase one "was an $8.3 billion bill spurring coronavirus vaccine research and development" (the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 ), which was signed into law on March 6, 2020.
The Senate passed President Joe Biden's $1.9 trillion stimulus package on Saturday, sending the amended bill back for a vote in the House followed by the president signing the legislation.
Joe Biden’s $1.9 trillion COVID-19 stimulus plan survived more than 24 ... COVID-19 stimulus plan survived more than 24 hours of debate in which Republicans challenged key aspects of the bill.
The Consolidated Appropriations Act, 2021 is a $2.3 trillion [1] spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year (combining 12 separate annual appropriations bills) and prevents a government shutdown.
Senate Republicans unveiled a new, trimmed down COVID-19 relief bill on Tuesday with aid for small businesses, schools and unemployed workers. Democrats say the bill is "headed nowhere."
The U.S. Senate on Monday was negotiating a nearly $2 trillion emergency bill that aims to stem some of the economic toll of the coronavirus pandemic. The talks remain fluid after Democrats pushed ...
Several coronavirus relief bills have been considered by the federal government of the United States: Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020, enacted March 6, 2020; $8.8 billion; Families First Coronavirus Response Act, enacted March 18, 2020; $104 billion; CARES Act, enacted March 27, 2020; $2.2 trillion