The $1.9 trillion bill provides direct payments of up to $1,400 for most Americans, extends emergency unemployment benefits and boosts spending for COVID-19 vaccines and testing.
Claims are circulating on social media regarding the new $1.9 trillion COVID-19 relief bill, one of the largest stimulus measures in American history. This article aims to provide a breakdown of the major elements of the American Rescue Plan Act 2021 and clarify the misleading...
The bill contains numerous tax provisions, including a $1,400 rebate for individuals. It also extends federal unemployment benefits and provides funds for small businesses, COVID-19 vaccination and testing, K-12 schools and colleges and universities, and state and local governments.
Kevin McCarthy, Elise Stefanik and even Madison Cawthorn are among Republican members of the House boasting of the legislation's benefits to constituents. Nicole Malliotakis, who represents Staten Island in New York, spotlighted health-center funds allocated in the bill among her congressional achievements. She, too, cast a ‘no’ vote.
A top House Republican is calling on the Biden administration to provide a full account of how it's spending $1.9 trillion in coronavirus relief money, warning of "potential misuse and abuse" of the taxpayer money.
The bill, which President Biden is expected to sign on Friday, sends direct payments to many Americans, expands a child tax credit and extends a $300 weekly unemployment supplement. The Senate confirmed more members of the president’s cabinet.