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from the a-billion-here-a-billion-there-pretty-soon-you're-talking-about-real-money dept.
Biden signs $1.9 trillion stimulus bill, making $1,400 checks and child tax credit official:
President Joe Biden on Thursday signed the $1.9 trillion coronavirus relief package, which includes a third stimulus check, for up to $1,400, and an expanded child tax credit. The IRS and Treasury will begin to send the new stimulus checks as soon as this weekend, White House Press Secretary Jen Psaki said Thursday at a press briefing.
The bill signing comes just one day after the amended bill passed in the House by a vote of 220-211. The House initially passed the bill on Feb. 26, and the Senate approved it last week, albeit with some changes.
[...] Democrats had been pushing to get the stimulus package signed into law before current unemployment benefits expire March 14. Biden was originally scheduled to sign the bill on Friday, but it got moved forward after Congress sent the final bill to the president more quickly than anticipated, Psaki said on Thursday.
The stimulus package, called the American Rescue Plan Act of 2021, includes changes made by the Senate last week, such as reducing income limits for the third stimulus payment and lowering proposed weekly unemployment benefits from $400 a week to $300 a week (though they'd extend through Sept. 6 rather than the end of August). The Senate also dropped a federal minimum wage increase from the legislation, but proponents say they'll reintroduce that at a later date.
How to watch President Biden's national address tonight.
House passes $1.9 trillion Covid relief bill, sends it to Biden to sign:
[...] Here are the proposal's major pieces:
- It extends a $300 per week jobless aid supplement and programs making millions more people eligible for unemployment insurance until Sept. 6. The plan also makes an individual's first $10,200 in jobless benefits tax-free.
- The bill sends $1,400 direct payments to most Americans and their dependents. The checks start to phase out at $75,000 in income for individuals and are capped at people who make $80,000. The thresholds for joint filers are double those limits. The government will base eligibility on Americans' most recent filed tax return.
- It expands the child tax credit for one year. It will increase to $3,600 for children under 6 and to $3,000 for kids between 6 and 17.
- The plan puts about $20 billion into Covid-19 vaccine manufacturing and distribution, along with roughly $50 billion into testing and contact tracing.
- It adds $25 billion in rental and utility assistance and about $10 billion for mortgage aid.
- The plan offers $350 billion in relief to state, local and tribal governments.
- The proposal directs more than $120 billion to K-12 schools.
- It increases the Supplemental Nutrition Assistance Program benefit by 15% through September.
- The bill includes an expansion of subsidies and other provisions to help Americans afford health insurance.
- It offers nearly $30 billion in aid to restaurants.
- The legislation expands an employee retention tax credit designed to allow companies to keep workers on payroll.
(Score: 1, Insightful) by Anonymous Coward on Thursday March 11 2021, @11:36PM (11 children)
"I would like to think voters will remember that by the time we get to the midterms but who knows..."
Dang, you really are a "funny" dude, eh.
When times turn hard, we become tribal, focusing on scapegoat. In America, it became racial.
...
(Score: 0, Insightful) by Ethanol-fueled on Friday March 12 2021, @12:09AM (10 children)
Jews became afraid of a mass-awakening as a result of Occupy Wall Street and the public anger surrounding it, so they used a classic divide-and-conquer trick of introducing identity politics and the infighting it brought. After seeing how successful woke bullshit was in collapsing the movement, they decided to apply it to the entire U.S. Fortunately, we're not as stupid as Jews are self-unaware.
They spent months letting their pets riot all over the place in the hope that some of those evil White supremacists they claim are everywhere would get together and put a stop to the nonsense, but all they got was a handful of unarmed frat-boys and a clown in a buffalo hat, and then they tried to spin that as an "insurrection" (Jewish Trick #37: Accuse others of doing to you what you've been doing to them the whole time, also known as the "hit-you-OW!" principle).
The hilarious part is that these dumbasses claim to be champions of the common man after totally destroying what was left of the middle-class with riots and hoax lockdowns and further enriching their corporate backers such as Disney and Amazon while consolidating the power of warmongering neocons. #RESIST LOL. I hope y'all swallowing that poison-pill was worth it, because we have at least a few more years of popcorn-worthy happenings on the way.
(Score: 0, Flamebait) by Anonymous Coward on Friday March 12 2021, @12:13AM
Eat bean burrito, twice a day.
(Score: 4, Interesting) by Anonymous Coward on Friday March 12 2021, @12:59AM
in 1991 .
(Score: 5, Informative) by shortscreen on Friday March 12 2021, @01:35AM (6 children)
Replace "Jews" with "neoliberals" and then you'd have a decent post without the stench of flamebait.
(Score: 3, Informative) by Azuma Hazuki on Friday March 12 2021, @03:25AM (4 children)
Modded +1 Informative, and I have no idea who modded you Flamebait for that or *why.* It makes perfect sense.
Eth is very clearly missing a few screws. I don't know all that much about his history, but about 3 years ago he seems to have disappeared into the anus of his own troll-sona and now appears to believe everything he types.
I am "that girl" your mother warned you about...
(Score: 5, Insightful) by DeathMonkey on Friday March 12 2021, @05:14AM (3 children)
I challenge the assumption that anyone on the internet who acts racist is anything other than racist.
The idea that there are neckbeards out there saying racists stuff for the lulz may have been true in 1995 but these days you should just take people at their word.
(Score: 1, Touché) by Anonymous Coward on Friday March 12 2021, @11:35AM (2 children)
That's not how you challenge an assumption. Your explanation can't just be "it used to be this, now it's this".
(Score: 1, Touché) by Anonymous Coward on Friday March 12 2021, @06:23PM
Yes it can. Are you one of the "not so bad ones" that thinks racist trolling is funny while sulposedly not being racist?
(Score: 2) by https on Friday March 12 2021, @11:22PM
To be fair to DeathMonkey, racist neckbeards were posting racist shit on the internet in 1995, for the lulz. Your whoosh gets 9/10.
Offended and laughing about it.
(Score: 2) by legont on Friday March 12 2021, @01:37PM
Anglozionists, perhaps?
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
(Score: 0) by Anonymous Coward on Friday March 12 2021, @03:00PM
Ah, but I _do_ love a kosher reuben sandwich! [thejewishkitchen.com]
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In a hundred years (or less), everyone reading this post will have passed away. Plan accordingly.