Biden’s $1.9 Trillion Covid Relief Bill has been up in question since his first week in office. Republican opposition and disagreement amongst democrats led to a delay when attempting to push the bill through congress. On Saturday, the senate passed the bill and the house is hoping to have the bill on Biden’s desk by March 14.
The relief bill encompasses a wide gamut of topics from stimulus checks to airline payroll support. The legislation includes $1400 direct payments to most Americans which Biden claims Americans may start receiving this month. $14 billion has been set aside for U.S. airline payroll support, an industry that was especially hit hard during the pandemic. This comes as the third round of federal support for the industry in exchange for not cutting worker’s pay rates.
Pushing for the bill did not come without incident as a disagreement within the Democrat party stalled the process for about 12 hours on Sunday. Republican opposition also states the bill is a wasteful list of Democrat priorities and nearly $2 billion in relief is unnecessary.
Through all, Biden continues to emphasize support for the Bill stating that, “We can’t afford to take 1 step forward and 2 steps back.” The need to sustain recovery and the possibility of millions losing unemployment benefits this month consists of the core reasons for the strong push of this bill. Biden stated that following this bill, “If they need more help, then we’ll do another bill.”
https://www.cnbc.com/2021/03/06/covid-stimulus-update-senate-passes-1point9-trillion-relief-bill.html
Comments