Stimulus Update: Joe Biden Signs COVID-19 Relief Into Law
03/11/21 AT 2:41 PM
President Joe Biden on Thursday signed the sweeping COVID-19 stimulus package into law, putting a bow on the first major legislative accomplishment of Democrats’ united government.
The $1.9 trillion economic relief package has received popular support in national polling. It includes direct payments of $1,400 per individual, $350 billion in state and local aid and makes health insurance more affordable amid a struggling economy during the pandemic.
“This historic legislation is about rebuilding the backbone of this country, and giving the people of this nation, working people, the middle-class folks, people who built the country a fighting chance, Biden said.
President Joe Biden has signed a sweeping pandemic relief package over Republican opposition that provides direct payments of up to $1,400, extends emergency unemployment benefits and boosts spending for COVID-19 vaccines.
Fresh off the Senate's passage of a $1.9 trillion COVID-19 rescue package, Senate Majority Leader Chuck Schumer was back in New York on Sunday to promote what he said would be the plan's $100 billion impact on his home state.