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Now president joe biden will start work on the next economic stimulus and relief package.
Stimulus bill breakdown unemployment. Answers to your questions about the stimulus bill updated dec 30 2020 the economic relief package will issue payments of 600 and distribute a federal unemployment benefit of 300 for at least 10. 11 more weeks of unemployment benefits. Here s a breakdown of everything inside the 900bn stimulus bill and what it means for the us economy update 300 extra weekly for those filing unemployment 600 one time only not 1200 per single person making so much annually.
The bill includes 9 billion for health care providers and 4 5 billion for mental health as well as more than 1 billion for the national institutes of health to conduct covid 19 research. The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass transit to. The bill provides 82 billion for public and private k 12 schools as well as colleges.
President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. The stimulus bill will extend both the pua and peuc programs for 11 weeks as well as top up regular state benefits with an extra 300 in weekly jobless aid. The bill greenlights another round of stimulus checks which could be sent out as early as next week this time at a reduced amount of 600 instead of 1200 provided by the cares act to single.
Of that the bulk would go to a 54 3 billion. The legislation would authorize a second round of economic impact payments following the checks americans received in the spring and summer at a cost of 166 billion households would receive 600 for each adult and 600 for each dependent instead of 1 200 and 500 respectively in the first round.
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