March 10, 2021 7:06 AM By Zachary Sherwood and Brandon Lee
The House is poised to send the $1.9 trillion Covid-19 relief plan to President Joe Biden for his signature, providing an economic boost that will last long after $1,400 stimulus checks start arriving in Americansâ accounts this month.
With four days until supplemental unemployment benefits begin running out, House Democratic leaders expect passage this morning.
The bill provides a template for a potential longer-term expansion of an American social-safety net that has long been much smaller than its European counterparts. Democrats say the near-$110 billion temporary expansion of the child-tax credit will help cut child poverty in half, while tax forgiveness on jobless benefits and student-debt relief will give help to millions more.