By: Zachary Lopez (ZachNews):
Source: The White House (Information):
Washington, District of Columbia: United States President Joe Biden signed into law on Thursday, March 11th, 2021 the COVID-19 Relief Package.
On Wednesday, March 10th, 2021, the United States House of Representatives voted 220-211 to approve the COVID-19 Relief Package, just seven weeks after United States President Joe Biden entered the White House and four days after the United States Senate passed the bill.
Republicans in both chambers opposed the legislation unanimously, characterizing it as bloated, crammed with liberal policies and heedless of signs the crises are easing.
Picture: C-SPAN (Courtesy):
United States President Joe Biden originally planned to sign the COVID-19 Relief Package on Friday, but the COVID-19 Relief Package arrived at the White House more quickly than anticipated.
The COVID-19 Relief Package includes stimulus checks up to $1,400 for individuals and $2,800 for married couples, including an additional $1,400 per dependent, dependents can include adult children who are students as opposed to past plans.
Also different are the thresholds for which people are eligible for the checks.
The most recent changes by the United States Senate cap eligibly at individuals earning more than $80,000 a year and married couples earning more than $160,000 a year.
Individuals earning less than $75,000 a year and married couples earning less than $150,000 a year will be eligible for the full amount.
Officials say that stimulus payments will send money to about 90% of households, but like the second stimulus payments, but some worry there will be problems receiving the stimulus checks like some people still working on trying to get their second stimulus checks.
Other key features of the COVID-19 Relief Package include $300 federal boost to weekly jobless benefits, an expansion of the child tax credit of up to $3,600 per child and $350 billion in state and local aid, as well as billions of dollars for K-12 schools to help students return to the classroom, to assist small businesses hard-hit by the pandemic and for vaccine research, development and distribution.
In addition, the far-reaching legislation extends a 15% increase in food stamp benefits through September, helps low-income households cover rent, makes federal premium subsidies for Affordable Care Act policies more generous and provides $8.5 billion to rural hospitals and health care providers.