Stimulus Package 2 Congress

Congress passed a second covid relief package on monday night that will include 600 stimulus checks for most americans.

Stimulus package 2 congress. The 900billion bill will now head to president donald trump s desk with the white house already confirming that he plans to sign it in the coming days. The 300 per week federal unemployment supplement included in it expires on march 14. Congress has limited time to renew key pieces of the 900 billion assistance package approved last month.

President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. The package is worth 900 billion. On sunday almost nine months after the cares act was signed into law congress agreed on a second stimulus package after weeks of post election negotiation a 908 billion bill that is less.

The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass. Breaking down the 900b stimulus package and 1 4t omnibus bill. The 900 billion stimulus package passed just three days.

The package however has several items that have become. First while student loans were dropped from the most recent stimulus package congress could cancel 10 000 of student loans. A christmas tree bill in legislative circles is one that includes a lot of little items tangentially related to the point of the law.

Congress has given itself little choice but to immediately get to work on the next economic stimulus package as soon as president elect biden takes office first published on december 9 2020.