January 14, 2025 09:41 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi participates in Lohri celebrations in Delhi's Naraina | 'Pollution, corruption, inflation are on rise': Rahul Gandhi slams Arvind Kejriwal ahead of Delhi assembly polls | AAP accuses BJP of manipulating voters' list ahead of Delhi polls, election officer responds | Millions of Hindu devotees gather in UP's Prayagraj as world's largest pilgrimage Maha Kumbh Mela begins today | Let’s uphold facts and credibility: Union Minister Ashwini Vaisnaw fact-checks Mark Zuckerberg over Indian election claim | In a boost for tourism, PM Modi inaugurates Z-Morh tunnel in Jammu and Kashmir | Bengal: Woman dies, 5 others critical after 'expired' saline administered at patients at Midnapore govt hospital | Los Angeles wildfire: Toll touches 11, more than 10,000 structures burnt down as blaze still persists | 'I legitimately believe Elon Musk may be going mad,' his biographer Seth Abramson claims | Donald Trump dodges jail with ‘unconditional discharge’ for felony convictions
United States
Image Credit: The White House Twitter Handle

US Senate passes Joe Biden's $1.9tn COVID relief plan

| @indiablooms | Mar 07, 2021, at 04:28 pm

Washington/UNI: President Joe Biden's COVID relief bill which aims to help American people deal with the impact of the coronavirus pandemic was passed by the US Senate here on Saturday by a single vote.

The $1.9tn (£1.4tn) plan was approved in the Senate despite every Republican senator voting against.

The House of Representatives, which is controlled by the Democrats is expected to approve it next Tuesday, which Biden hoped will be quickly passed in the House so that he could sign it into law.

Biden described the Senate vote as "one more giant step forward" in delivering the promise to help the American people deal with the economic hardship brought about by the COVID pandemic.

The COIVD pandemic has turned out to be America's worst public health crisis in a century and made the worst affected country in the world with nearly 523,000 people dead and 29 million infected and the current unemployment rate standing at 6.2%.

The relief package which is the third since the start of the pandemic envisages one-off payments worth $1,400 to be sent to most Americans, which Biden said could begin distribution later this month.

Republicans who have consistently opposed the bill say the plan is too costly.

Even some Democrats have also voiced criticism of certain provisions and the party's leadership was forced to make a number of compromises, notably the lowering of federal unemployment benefit from $400 to $300 a week.

The benefit will be extended until September 6 under the plan.

The rescue plan also called the American Rescue Plan allocates $350bn to state and local governments and some $130bn to schools.

It would also provide $49bn for expanded COVID-19 testing and research, as well as $14bn for vaccine distribution.

The $1,400 stimulus cheques will be quickly phased out for those with higher incomes - at $75,000 for a single person and for couples making more than $150,000.

The extension of jobless benefits until September will bring relief for millions of Americans who have been unemployed for a long time and whose eligibility for benefits is currently due to expire in mid-March.

The bill also includes grants for small businesses as well as more targeted funds: $25bn for restaurants and bars; $15bn for airlines and another $8bn for airports; $30bn for transit; $1.5bn for Amtrak rail and $3bn for aerospace manufacturing.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia Mar 22, 2023, at 08:26 pm
Related Videos
Iran launches missile attack on Israel Oct 02, 2024, at 09:20 pm
WATCH LIVE: King Charles III Coronation May 06, 2023, at 10:27 pm