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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 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.
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.
More than 169 million payments worth about $400 billion have been sent out by the IRS since Congress passed the American Rescue Plan stimulus relief bill in March. See: Fourth Stimulus Checks ...
On February 5, both houses of Congress passed the budget plan in party-line votes. [265] The House Budget Committee combined separate aid bills into one piece of legislation on February 19. [257] The bill was passed by the House on February 27 [266] and (after being amended) the Senate on March 6. [267]
Millions of Americans in nearly half the states in the country received rebates, tax refunds, one-time payments or other forms of stimulus cash last year. Although federal payments dried up long ...
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 ...
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.