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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]
Also for the second year straight, 2021 brought not just direct cash payments, but pandemic stimulus in other forms, like tax credits and extended unemployment benefits.
Senate passes Biden's $1.9 trillion relief package including $1,400 stimulus checks Jobs aren't bouncing back for Black Americans — and it could be worse than reported Read more personal finance ...
If you were eligible for a pandemic-era stimulus check but have not claimed it, time is running out. The IRS reminded those who may be eligible for the 2020 Recovery Rebate Credit and who haven ...
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; HEROES Act, passed by the House of Representatives on May 15, 2020, but never enacted into law; $3 trillion
Economic stimulus payment or economic impact payment may refer to several tax rebates, tax credits, tax deductions and grants from the federal government of the United States: Tax rebates as part of the Economic Growth and Tax Relief Reconciliation Act of 2001; Tax rebates as part of the Economic Stimulus Act of 2008
To help provide relief, the Coronavirus Aid, Relief and Economic Security Act (CARES) — a $2 trillion stimulus package to help individuals, families and businesses— was signed into law.
A major area of uncertainty seems likely to be cleared up today, as the U.S. congress has scheduled an announcement about the final details of the COVID-19 stimulus package at 4:00 pm Eastern time ...