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The long-term significance of the new Covid-19 rescue bill CNN 3/9/2021 Take it from Bernie Sanders. The $1.9 trillion Covid-19 rescue package that squeezed through the Senate on Saturday is the most significant piece of legislation to benefit working families in the modern history of the United States. The liberal icon s claim for this bill the centerpiece of Joe Biden s presidential agenda is significant since moderate Democrats like West Virginia Sen. Joe Manchin watered down some of its key provisions. The long-term significance of the bill lies not in its immediate stimulus payments of $1400 to some Americans, its extension of unemployment benefits or the extra billions for reopening schools and boosting vaccination drives. The measure includes an array of tax credits for low income families though 2021 in an effort to lift millions out of poverty. The bill s supporters suggest it could cut child poverty by half.

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