Stimulus Package Breakdown December

President trump has signed a major legislative package that includes coronavirus relief and government spending for the next fiscal year.

Stimulus package breakdown december. Congress has given itself little choice but to immediately get to work on the next economic stimulus package as soon as president elect biden takes office first published on december 9 2020. After days of stalling and criticizing the legislation president donald trump signed a 1 4 trillion spending bill and accompanying 900 billion economic stimulus package into law on. The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass.

Lawmakers struck a nearly 900 billion covid 19 stimulus deal sunday that would deliver badly needed aid to millions. In a nutshell the new package extends federal ui programs e g. Breaking down the 900b stimulus package and 1 4t omnibus bill.

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. The package will extend aid to millions of struggling households through stimulus checks enhanced federal unemployment benefits and money for small businesses schools and child care as well as. Here s what is in the package.

Pua peuc with an extra 300 week for all ui claimants for at least an additional 11 weeks. 30 at 11 15 a m.