Covid Stimulus Bill Details
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Covid stimulus bill details
The new 900 billion covid relief legislation is more than just a second stimulus check. Cnn congressional leaders on monday released the text of a far reaching 900 billion covid 19 relief package. The agreement includes some 68 billion to purchase and distribute covid 19 vaccines and help states conduct testing 20 billion of that funding will make the vaccine available at no cost for. Learn about the new covid relief bill. The us capitol building on december 20 2020 in washington dc. Earlier proposals from republicans and democrats called for at least 100 billion in aid for schools. The stimulus deal also sets aside 300 million for building out infrastructure in underserved rural areas that have historically suffered from slow internet speeds as well as 1 billion in grants. The coronavirus relief bill represents the second largest recovery legislation behind only the cares act for a combined total of more than 3 trillion in support. Broadly speaking there are five components to the covid 19 stimulus bill. The coronavirus aid relief and economic security act also known as the cares act is a 2 2 trillion economic stimulus bill passed by the 116th u s. Today s sankey diagram is a visual representation of where the 2 trillion will be spent. The president elect said friday s grim jobs report showed that economic recovery is stalling urging congress to pass a covid 19 relief bill immediately and follow up with hundreds of billions. Though many core elements within the 900 page bill have been praised it includes 250 billion set aside for direct payments to individuals and families 350 billion in small business loans 250. The act became the largest economic stimulus bill in modern history more than doubling the stimulus act passed in 2009 during the financial crisis. Congress and signed into law by president donald trump on march 27 2020 in response to the economic fallout of the covid 19 pandemic in the united states.
The bill would provide 82 billion in aid for k 12 schools and colleges. Here s what else is inside.
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That's all about Covid Stimulus Bill Details, Here s what else is inside. The bill would provide 82 billion in aid for k 12 schools and colleges. Congress and signed into law by president donald trump on march 27 2020 in response to the economic fallout of the covid 19 pandemic in the united states. The act became the largest economic stimulus bill in modern history more than doubling the stimulus act passed in 2009 during the financial crisis. Though many core elements within the 900 page bill have been praised it includes 250 billion set aside for direct payments to individuals and families 350 billion in small business loans 250. The president elect said friday s grim jobs report showed that economic recovery is stalling urging congress to pass a covid 19 relief bill immediately and follow up with hundreds of billions.
