Biden signed a $ 1.9 trillion stimulus package
US President Joe Biden has signed a $ 1.9 trillion (€ 1.59 trillion) stimulus package.
The House of Representatives passed a bill to help U.S. businesses and citizens affected by the new
coronavirus pandemic on Wednesday. The Senate approved it on Saturday.
"This historical legislation is aimed at reviving the foundations of this country. It gives a chance to the citizens of this country - the working people, the middle-class, the people who built this country," Biden said at the signing of the law in the Oval Office.
The money from the package is to help Americans and support an economy struggling with the consequences of a pandemic.
A total of $ 400 billion from the package goes as a one-time contribution of $ 1,400 to a large part of the US population, another $ 350 billion goes to help states and local governments, and increases the tax credit for children as well as funding vaccine distribution.
The rescue package will also support the US
vaccination program with $ 14 billion.