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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]
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A budget resolution for the 2021 fiscal year began to be considered by the 117th United States Congress in February 2021. As appropriations for the fiscal year had already been approved, the budget resolution's main purpose was to begin the budget reconciliation process to allow a COVID-19 pandemic relief bill to be passed without the possibility of being blocked by a filibuster.
The bills of the 117th United States Congress list includes proposed federal laws that were introduced in the 117th United States Congress.. The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the lower house known as the House of Representatives and the upper house known as the Senate.
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According to a CBS News analysis of federal data, these policies are one of the most common reasons for Social Security overpayments, which have totaled more than $450 million in fiscal years 2017 ...
For all returns filed for tax years 2013 through 2021, the most recent long-term data available, the IRS audited just 0.44% of individual returns.
2021 was additionally defined by protests against COVID-19 lockdowns in response to the pandemic, as well as the beginning of a period of high inflation and ongoing protests mostly against police brutality. The year also saw an extremely active Atlantic hurricane season, a destructive wildfire season in California, and a power crisis in Texas.