Stimulus Package Total Cost

Stimulus payment amount 1 200 individuals or 2 400 married couples plus an additional 500 per child under the age of 16.

Stimulus package total cost. With a 2 000 stimulus check that cutoff to receive a partial payment would be 115 000 for a single taxpayer. Washington an emergency stimulus package to bail out the us economy amid the coronavirus pandemic will total 6 trillion a quarter of the entire country s gdp the white house said tuesday. According to the formula used by the irs and a 1 400 per person limit single.

While the skinny package has a value closer to 500 billion some of the funds. That started with the 168 billion stimulus package approved in early 2008 and signed by president bush and ended with the deal between president obama and congressional republicans that was. An annual investment of 4 5 billion would have filled gaps in public health foundational capabilities at the state and local.

Congressional leaders on monday unveiled the text of a 900 billion fiscal stimulus package and a 1 4 trillion government funding deal that will deliver critical pandemic aid to millions of. Stimulus checks will cost the government an estimated 290 billion.