Stimulus Breakdown Chart December 2020

Based on cost estimates of the various provisions and applying the corresponding fiscal multipliers chart 1 bank of america estimates that the new stimulus package will contribute approximately 2 7 to growth in 2021.

Stimulus breakdown chart december 2020. Updated dec 30 2020. The start of the year has cross. The first round included a 1 200 payment from the coronavirus aid relief and economic security cares act which was signed into law last march and now president trump has signed a second 900 billion economic relief package on december 27 that includes another stimulus check paying up to 600 per person.

The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass. Based on cost estimates of the various provisions and applying the corresponding fiscal multipliers chart 1 bank of america estimates that the new stimulus package will contribute approximately 2 7 to growth in 2021. As with the first two stimulus checks the total per person limit isn t necessarily what you d get in a final payment.

Congress has approved two rounds of stimulus checks. Breaking down the 900b stimulus package and 1 4t omnibus bill. Estimate what your household gets with a 1 400 check.