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Biden signed a $ 1.9 trillion stimulus package

Biden signed a $ 1.9 trillion stimulus package. The money will be used to aid people and businesses affected by the epidemic.

Biden signed a $ 1.9 trillion stimulus package
Yazar: Tom Roberts

Yayınlanma: 12 Mart 2021 22:16

Güncellenme: 25 Kasım 2024 21:55

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.
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