The House of Representatives gave final approval on Wednesday to one of the largest economic stimulus measures in US history, a sweeping $1.9tn Covid-19 relief bill that gives Joe Biden his first major victory in office. The measure provides $400bn for $1,400 direct payments to most Americans, $350bn in aid to state and local governments, an expansion of the child tax credit, and increased funding for vaccine distribution. ‘This is the most consequential legislation that many of us will ever be a party to,’ the House Speaker, Nancy Pelosi, said at a ceremony to sign the bill before it goes to the White House

Continue reading…

https://www.theguardian.com/us-news/joebiden

160111 total articles

Pin It on Pinterest