Stimulus Package Update Breakdown

Mike emanuel has the details from capitol hill.

Stimulus package update breakdown. What s in the 2t package march 25 2020 10 03 am billions of dollars will be going to hospitals states and small businesses. Biden pushes for a third check 400 unemployment money more. 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.

Stimulus phase 2 families first coronavirus response act. The cares act passed in march was the first stimulus package intended to help people financially affected by the pandemic one of the. The package negotiated by treasury secretary steven mnuchin and house speaker nancy pelosi was introduced as hr 6201 passed the house on march 14 2020 passed the senate on march 18 2020 and was signed by president trump the same day.

Now president joe biden will start work on the next economic stimulus and relief package. Hr 6201 goes into effect on april 3 2020. Financial package for people dollar cash banknote flag us getty every month the irs has been reporting the state by state breakdown of stimulus check payments on its website the latest.

18 to the people 82 for bail outs to those who do not need any help family members of illegal aliens are now eligible to get stimulus checks under the 900 billion deal reached last night. Here s a second breakdown by another source. Here s what is in the package.

The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass. 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. Pua peuc with an extra 300 week for all ui claimants for at least an additional 11 weeks.

Coronavirus stimulus package breakdown. In a nutshell the new package extends federal ui programs e g. A second round of stimulus checks is a definite possibility.