New Stimulus Bill Money Breakdown

It also sends another round of stimulus checks worth 600 per individual per household for those making less than 75k 150k for married couples and gradually phases out at higher incomes.

New stimulus bill money breakdown. Here s a breakdown of everything inside the 900bn stimulus bill and what it means for the us economy this article was originally published by tyler durden at zerohedge. Congress on monday passed a 900 billion stimulus package which includes direct payments of 600 to most americans. Stimulus checks the deal includes 166 billion for direct payments.

The bill renews funding for ppp to support small businesses and provides targeted aid to transportation and other hard hit sectors of the economy. Biden has repeatedly referred to december s bill and the 600 stimulus checks that came with it as a down payment on more aid this year. The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass transit to.

Breaking down the 900b stimulus package and 1 4t omnibus bill. Here s a comprehensive breakdown of everything inside the 900 billion covid relief bill. The bill renews funding for ppp to support small businesses and provides targeted aid to transportation and other hard hit sectors of the economy.

Within hours congress is set to vote on and pass a 900 billion covid 19 aid bill that includes assistance for households and businesses as well as funding for vaccine. Individuals making up to 75 000 a year will receive 600 married couples making up to 150 000 will get 1 200 plus 600 per. The covid 19 relief package is just one part of a much larger bill that s more than 5 000 pages long.

The incoming biden administration unveiled a 1 9 trillion stimulus plan on thursday that offered a wish list of spending measures meant to help both people and the economy recover from the. Of course while biden s proposal reveals his.