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Stimulus package gives more than $64 billion to businesses


Copyright © 2021 Roswell Daily Record
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 pre ....

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