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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 Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
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.
Many changes to unemployment benefits are coming after Congress passed a $900 billion coronavirus stimulus package on Monday night. Here's what to know.
Just as approximately 14 million jobless Americans were to see their unemployment benefits expire, Congress passed a $900 billion economic stimulus package that extends unemployment programs by 11 ...
Here’s the scoop: The first stimulus package, the Coronavirus Aid, Relief and Economic Security Act (CARES Act), passed last spring, contained a new program, the Pandemic Unemployment Assistance ...
The labor market was strong in 2023. The unemployment rate averaged a very low 3.6% in 2023, as it had in 2022; the last year with an average 3.5% unemployment rate was 1969. [26] The number of persons with jobs continued setting records monthly as it had since June 2022 when the pre-pandemic peak was regained, reaching 157.3 million in ...
President Biden took executive action Friday to expand access to unemployment and food aid while Congress begins considering his proposal for a sweeping $1.9 trillion stimulus package amid ...