Senate Passes Biden’s $1.9 Trillion Pandemic Aid Plan
President Biden’s sweeping $1.9 trillion stimulus bill passed a deeply divided Senate on Saturday over unanimous Republican opposition, as Democrats pushed through a pandemic aid plan that includes the largest antipoverty effort in a generation.
The package, which still must pass the House before it heads to Mr. Biden’s desk to be signed into law, is the first major legislative initiative of his presidency. It would inject vast amounts of federal resources into the economy, including direct payments of up to $1,400 for hundreds of millions of Americans, jobless aid of $300 a week to last through the summer, money for distributing coronavirus vaccines and relief for states, cities, schools and small businesses struggling during the pandemic.
Beyond the immediate aid, the measure, titled the American Rescue Plan, would also have a huge effect in combating poverty in the United States. It would potentially cut child poverty in half.