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The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
Those pork projects will cost taxpayers about $1.1 billion if the bill passes in its ... there are more than 6,000 earmarks in the bill, costing taxpayers more than $12.7 billion, according to ...
Earmarks have often been treated as being synonymous with "pork barrel" legislation. [28] Despite considerable overlap, [29] the two are not the same: what constitutes an earmark is an objective determination, while what is "pork-barrel" spending is subjective. [30] One legislator's "pork" is another's vital project. [31] [32]
The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
Of the $1.9 trillion in the legislation, $12 billion has been allocated to addressing the nation’s hunger and food insecurity crisis.
Around $450 billion of Biden’s $1.9 trillion "American Rescue Plan" is earmarked to go directly to Americans’ wallets. Here’s what you need to know.
Economic stimulus payment or economic impact payment may refer to several tax rebates, tax credits, tax deductions and grants from the federal government of the United States: Tax rebates as part of the Economic Growth and Tax Relief Reconciliation Act of 2001; Tax rebates as part of the Economic Stimulus Act of 2008
The renovations for the Elizabethtown Amtrak Station were cited by Coburn as an example of pork barrel spending in the stimulus bill. [105] Coburn was also a member of the Fiscal Watch Team, a group of seven senators led by John McCain, whose stated goal was to combat "wasteful government spending." [106] [107]