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The third federal coronavirus stimulus package includes numerous benefits for individuals, health care entities, governments and public agencies, but it also will mean more than $64 billion for agribusiness and small businesses nationally.
The $1.9 trillion American Rescue Plan Act, or House Resolution 1319, was passed by Congress on Wednesday and signed by President Joe Biden on Thursday.
Most Republican Congressional members opposed it, including U.S. Rep. Yvette Herrell of New Mexico’s 2nd Congressional District. In her statement upon its passage, she said that taxpayers had been misled by the “Democrat-only” legislation.
In his comments upon signing the bill, Biden said the “historic” bill was about giving working and middle-class families “a fighting chance.” On Wednesday, U.S. Sen. Martin Heinrich and Ben Ray Lujan, U.S. Reps. Deb Haaland and Teresa Leger Fernandez and Gov. Michelle Lujan Grisham held a press conference i
Congress passes, and the President signs, a sweeping $1 9 trillion COVID-19 relief package | Hogan Lovells
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Rep Sherrill Votes to Send American Rescue Plan to President Biden s Desk
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Congressman Lou Correa (CA-46) voted to pass the
American Rescue Act, a $1.9 trillion COVID-19 relief bill that provides immediate assistance to millions of American families. In addition to $1,400 cash stimulus payments, the
American Rescue Act provides families with up to $300 a month in cash per child by expanding
Child Tax Credit for 27 million children. It gives everyday workers up to $6,728 in tax breaks by expanding the
Earned Income Tax Credit for 15 million workers. The legislation helps 40 million Americans by investing billions of dollars in housing, rental, and nutrition assistance. And it expands access to safe and reliable child care and affordable health care and extends unemployment insurance for 18 million families.