Senate Democrats said late Friday that they had resolved their differences over unemployment benefits in President Joe Biden's $1.9 trillion stimulus plan, enabling them to move forward with the "vote-a-rama" after hours of delay.
Biden originally proposed enhancing the current child credit in making sure that families receive at least 3,000 dollars for each child who is under the age of 17 years old.
House Speaker Nancy Pelosi on Thursday said that she believes a COVID relief package, which will likely include the $1,400 stimulus checks, will be sent to President Joe Biden's desk before Mar. 14, the deadline for when unemployment benefits will start expiring.
The Treasury Department announced Thursday that around eight million stimulus payments in the form of debit cards would be sent out by the agency to eligible beneficiaries starting this week.
Pres. Donald Trump signed the Relief Bill on Sunday that includes $600 direct stimulus checks. Many now questions who qualify and when to receive the aid.
Pres. Donald Trump recently signed a $2.4 trillion spending bill including a $900 billion stimulus package. Aside from stimulus checks and unemployment benefits, there are more aids you can receive.
Democrat Joe Biden has expressed support for the newly proposed $908 billion bipartisan stimulus plan. He said on Wednesday that this is just an initial amount as a bigger amount will be approved in his term.
Top congressional Democrats Chuck Schumer and Nancy Pelosi urged Senate Majority Leader Mitch McConnell to resume talks regarding the second stimulus package.
A bipartisan group, composed of top economists, business leaders, and policy experts, urged Congress to pass an economic stimulus package before the end of the year.
President Donald Trump and Joe Biden both asked that a stimulus package must be given to millions of Americans a the number of COVID-19 cases reached 11 million.
Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have finally agreed on another stimulus package and might draft the bill anytime before the election.
Pres. Donald Trump wants to sign into law another stimulus package but he expressed his doubts as Democratic House Speaker Nancy Pelosi extends the talks.
Pres. Donald Trump said on Saturday that he will sign a stimulus package of more than $2.2 trillion and will intervene if Republicans will not support the relief aid.
Larry Kudlow, President Donald Trump's top economic adviser, said Friday he is confident that another stimulus package could be reached before the election.
