Sunday, March 7, 2021

Senate passes $1.9 trillion Covid relief bill

 Senate Democrats passed President Joe Biden's American Rescue Plan in a vote 50-49 party line vote. Here are some of the things the new act will be doing: increasing funding for Covid vaccine testing and distribution, increasing unemployment aid ($300 weekly boost), $1,400 direct payment to most Americans, and rental assistance for struggling individuals and re-opening costs for K-12 schools. The bill provided $14 billion in payroll support to airlines to ensure workers are not furloughed or get their pay cut. One thing that was cut from the bill was Biden's attempt to raise the minimum wage to $15/hr, even with the many cuts the bill endured, Republican's still opposed it citing that the state of the economy did not warrant another stimulus plan.

link: https://www.cnbc.com/2021/03/06/covid-stimulus-update-senate-passes-1point9-trillion-relief-bill.html

By: Tommy McClernon

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