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The top Republican in the U.S. House of Representatives said on Tuesday it would not be productive to extend extra unemployment benefits that were included in coronavirus relief legislation ...
The House of Representatives approved it hours earlier by 336-34. Without a funding deal, millions of federal employees would have ended up either on temporary unpaid leave or working without pay.
The Build Back Better Act was a bill introduced in the 117th Congress to fulfill aspects of President Joe Biden's Build Back Better Plan.It was spun off from the American Jobs Plan, alongside the Infrastructure Investment and Jobs Act, as a $3.5 trillion Democratic reconciliation package that included provisions related to climate change and social policy.
The Senate approved the House-passed short-term government funding bill in a just-after-midnight vote by a vote of 85-11. The legislation will extend government funding until March 14.
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.
Unemployment and inflation levels began to rise in the early 1970s, reviving fears of an economic recession.In the past, the country's economic policy had been defined by the Employment Act of 1946, which encouraged the federal government to pursue "maximum employment, production, and purchasing power" by cooperation with private enterprise.
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