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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]
The Biden administration will provide a record $15 billion loan to Pacific Gas & Electric to support the utility’s efforts to combat climate change and improve the power grid.
The revised plan left the $700 billion bailout intact and appended a stalled tax bill. [129] The law has three major divisions, Division A: the Emergency Economic Stabilization Act of 2008; Division B: Energy Improvement and Extension Act of 2008, and Division C: the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. [11]
Biden delivered his speech on the 99th day of his presidency amidst the ongoing COVID-19 pandemic and economic recovery, campaign to vaccinate Americans, ratification of the American Rescue Plan, Democratic efforts to advance legislation on infrastructure, [3] guns, social justice, and voting rights, [4] Derek Chauvin's conviction in the murder ...
The Democratic-controlled House voted 219-to-212 to pass President Joe Biden's $1.9 trillion "American Rescue Plan." House passes Biden's $1.9 trillion relief package including $1,400 stimulus ...
The new $1.9 trillion ‘rescue plan’ introduced by President-elect Joe Biden includes an additional $1,400 in direct payment to Americans. “We will finish the job of getting a total of $2,000 ...
President Biden promotes his Build Back Better Plan at Germanna Community College, Virginia, on February 10, 2022.. The Build Back Better Plan or Build Back Better Agenda was a legislative framework proposed by U.S. President Joe Biden between 2020 and 2021.
Then on Thursday night, the House failed to pass a revamped plan that included Trump's explosive demand that the debt limit be extended. Government shutdown updates: Biden signs funding bill ...