House set to approve Biden’s $1.9 trillion stimulus package, send bill to the Senate

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Democrats are trying to pass the $1.9 trillion relief bill, which includes direct payments and unemployment benefits, by March 14.

Economists critical of the plan tend to focus on the size of the legislation and the potential benefits of a bill better tailored to meet the needs of businesses and workers in industries that continue to suffer the most due toThe most head-turning critique came from Biden's fellow Democrat and former Treasury Secretary, who in a Feb. 4 op-ed warned that the bill could spark a rebound in inflation after a decade of mostly stagnant prices.

"While I see a real risk of rising inflation through the summer and fall as surging demand outstrips the recovery in supply, I'd expect that this rise will be transitory," he wrote in an email Wednesday. Many Republicans have questioned the need to send more help beyond the money needed to speed up the Covid-19 vaccination effort and bolster the health-care system.

Congress let similar provisions expire last summer and did not renew them until December, contributing to millions of people falling into poverty and seeking out food aid.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JoeBiden How Many Women Are On This Top Assignment to Help Stimulate My Pants Ah-Haha-ha

More Stimulus Is Needed In My Pants, Ladies!😉😁

And lots of tax funds for democrat pet projects.

Tom Cotton and Mitt Romney said they were okay with an $11 dollar an hour min. wage? Do it Dems. Call their bluff.

And more...yeah, lots more!

thats a lotta pork

80strolls Your $2000 is coming soon!! 🤣🤣🤣🤣

the Senate stay stopping forward progress man

Does anyone know where all this Aid/Stimulus’s is going All for people of America

Where’s the money going ?

Get it done already. Rush it through.

mishow4_

Who misses trump already?!

Nancy keeps loosing! No 15 dollar minimum wage increase in blll

مواد امريكا وفرنسا كاس العالم مباشر انا روحت من البوس اجوس وكمان ولا

Face is the mirror of soul.

Stimulus my ass. It's 1.8 trillion in pork and 1% actual stimulus money. Fucking Democrats bankrupting this country to send money to Sudan and Pakistan

Do what is in the bill. Over 100 billion for schools over 4 years. Thought this was over by summer. Don’t you have 25 billion that you guys have not given to schools yet

It's time for the US to change. It's time to change the way our economy works. It's time to pay the people that make America great. Help the people that need help around the world. It's time to do things our way

Even though I've been bashing AOC lately, I have to say, I'm starting to like her. It's nice seeing SpeakerPelosi and her on the same page about the MinimumWage.

Where it will crash and burn without Manchin's vote....

Cut the pork and give it directly to American citizens.

ImpeachPelosi

رجل طيرتين والسياره على غزه لانه راح خربطت خربطت لو سالت اخذها اخذها

Raining DEATH on Syria before stimulus checks is so Biden! MIC wins again before US. Most Americans couldn’t find Syria on a map!

Has anyone read the bill? I’m sure that we could cut out half of this as it likely just sends money to random special interest groups

I am recently in your country, looking for new friends

Stocks 🆙 these red days have been brutal

Yep and enjoy the inflation when the businesses re open

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.