American Rescue Plan Act of 2021

economic stimulus package proposed by President Joe Biden

The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a $1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021. It was meant to speed up the United States' recovery from the economic and health effects of the COVID-19 pandemic and the ongoing recession.[1] Among many measures, the package boosted employment benefits for Americans by an extra $600 and provided direct cash payments of $1,200 or more.[2]

First proposed on January 14, 2021, the package expands from the CARES Act from March 2020 and in the Consolidated Appropriations Act, 2021, from December.[3][4]

The bill passed the United States House of Representatives by a vote of 219–212 on February 27. All but two Democrats voted for the bill and all Republicans voted against the bill.[5] A fixed version passed the United States Senate on March 6 by a vote of 50–49.[6] The final amended bill was passed by the House on March 10 by a vote of 220–211.[7]

References change

  1. "American Rescue Plan: Inside Biden's $1.9 Trillion Stimulus". SmartAsset. 2021-01-15. Retrieved 2021-01-16.
  2. "What's in the $2 Trillion Federal Aid Rescue Package?". 2020-03-26. Retrieved 2022-05-03.
  3. Luhby, Tami; Lobosco, Katie (2021-01-14). "Here's what's in Biden's $1.9 trillion economic rescue package". CNN. Retrieved 2021-01-16.
  4. Tankersley, Jim; Crowley, Michael (2021-01-14). "Here are the highlights of Biden's $1.9 trillion 'American Rescue Plan.'". The New York Times. ISSN 0362-4331. Retrieved 2021-01-16.
  5. Segers, Grace. "Biden's $1.9 trillion relief bill passes House, but faces Senate hurdle". CBS News. Retrieved 2021-02-27.
  6. Behrmann, Ledyard King, Bart Jansen, Nicholas Wu and Savannah. "Senate passes Biden's COVID relief bill, sending legislation with $1,400 stimulus checks to House". USA TODAY. Retrieved 2021-03-06.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. Hagen, Lisa. "House Passes Amended Coronavirus Relief Bill, Delivers Biden First Legislative Victory". U.S. News & World Report. Retrieved 2021-03-10.