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BREAKING: House Passes Gigantic COVID-19 Relief Bill

The House of Representatives on Wednesday passed the American Recovery Plan Act of 2021, President Joe Biden’s mammoth $1.9 trillion COVID-19 relief legislation, 220-211 along party lines.

Photo by Drew Angerer/Getty Images

Every single House Republican and one Democrat – Congressman Jared Golden of Maine – voted against the bill who argued that it did not go far enough to help struggling Americans, particularly due to the omission of a federal minimum wage increase to $15 per hour in the version that the United States Senate approved last Saturday.

A final version of the proposal is scheduled to land on Biden’s desk for his signature on Friday.

The American Recovery Plan Act of 2021, per CNBC:

  • Extends a $300 per week jobless aid supplement and programs making millions more people eligible for unemployment insurance until Sept. 6. The plan also makes an individual’s first $10,200 in jobless benefits tax-free.

  • Sends $1,400 direct payments to most Americans and their dependents. The checks start to phase out at $75,000 in income for individuals and are capped at people who make $80,000. The thresholds for joint filers are double those limits. The government will base eligibility on Americans’ most recent filed tax return.

  • Expands the child tax credit for one year. It will increase to $3,600 for children under 6 and to $3,000 for kids between 6 and 17.

  • Puts about $20 billion into Covid-19 vaccine manufacturing and distribution, along with roughly $50 billion into testing and contact tracing.

  • Adds $25 billion in rental and utility assistance and about $10 billion for mortgage aid.

  • Offers $350 billion in relief to state, local and tribal governments.

  • Directs more than $120 billion to K-12 schools.

  • Increases the Supplemental Nutrition Assistance Program benefit by 15% through September.

  • Includes an expansion of subsidies and other provisions to help Americans afford health insurance.

  • Offers nearly $30 billion in aid to restaurants.

  • Expands an employee retention tax credit designed to allow companies to keep workers on payroll.

Stimulus checks should begin hitting Americans’ bank accounts before the end of March.



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