$1,400 stimulus checks and vaccine funds: what the Covid relief bill contains

[riversedge]

$1,400 stimulus checks and vaccine funds: what the Covid relief bill contains



https://www.msn.com/en-us/news/politics/dollar1400-stimulus-checks-and-vaccine-funds-what-the-covid-relief-bill-contains/ar-BB1espcQ
Lauren Gambino in Washington 48 mins ago


The US House on Wednesday passed the huge $1.9tn coronavirus relief and economic stimulus package that represents Joe Biden’s first major legislative victory.
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Here are the main elements of the bill:

$1,400 stimulus checks: A majority of Americans – as many as 85% of US households, according to Democrats – will receive direct payments of $1,400 per person. Individuals making less than $75,000 and married couples making less than $150,000 collectively would receive the checks. The payments would gradually decrease for those earning more than those income levels, with the benefit capped at $80,000 for individuals and $160,000 for married couples, who won’t receive checks. The threshold is lower than Biden had initially proposed, and was changed to accommodate objections from moderate Democrats in the Senate.

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Unemployment benefits: The bill extends through early September the $300-a-week federal unemployment benefits approved in a previous aid package. Biden proposed expanding the supplement to $400 a week through August, but the Senate kept it at $300, while extending the benefit through September. It also included a provision to make the first $10,200 of unemployment benefits received in 2020 tax-free for households earning less than $150,000.

Child tax credit: .......................



Health insurance subsidies: ..................



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Pandemic response: The bill sends $350bn to state, local and tribal governments, to help offset deep budget shortfalls as a result of efforts to combat the pandemic. It also includes $130bn to help schools reopen safely by reducing class sizes and modifying classrooms to improve ventilation and social distancing. Colleges and universities would receive $40bn to help cover the cost of pandemic-related expenses. Businesses would also get funding, including under a new program to help bars and restaurants hurt by Covid lockdowns.

Rental, mortgage and food assistance:.......................

[marble falls]

1. What a difference a competent, qualified Federal Government makes.