U.S. House to vote Wednesday on Biden's $1.9 trillion COVID-19 package
WASHINGTON (Reuters) - The U.S. House of Representatives will take up the Biden administration's $1.9 trillion COVID-19 relief bill on Wednesday, officials said on Tuesday, with the chamber's expected approval enabling the Democratic president to sign the legislation into law later this week.
Passage of the massive package, one of the biggest U.S. anti-poverty measures since the 1960s, would give Biden and the Democrats who control Congress a major legislative victory less than two months into his presidency.
For an interactive graphic on why the Fed is okay with Biden borrowing $1.3 trillion to stimulate the economy, click: https://graphics.reuters.com/USA-ECONOMY/STIMULUS/jbyprdzaqpe/
The House will consider the legislation starting at 9:00 a.m. EST (1400 GMT) on Wednesday, House Majority Leader Steny Hoyer told reporters. The bill was just sent over to the House on Tuesday morning from the Senate.
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