On Thursday, President Joe Biden signed into law one of his top priorities: The American Rescue Plan Covid-relief bill. The $1.9 trillion package sends direct payments of up to $1,400 to eligible individuals, expands the child tax credit for a year and extends a $300-per-week unemployment insurance boot to September 6. The bill will also put nearly $20 billion into vaccination efforts and $350 billion into state, local and tribal relief, among other allocations.
Democrats passed the bill through the House of Representatives and Senate without a single Republican vote using the budget reconciliation process. The House approved the bill on Wednesday before sending it to the president's desk.