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Stimulus Package Approved By The Senate


The Senate has come to a conclusion regarding the stimulus package that will help aid the U.S economy due to Covid-19 that is near $2-trillion dollars. It will include direct payments to most American citizens as well as a half-trillion-dollar fund for struggling companies. 

The direct payments $1,200 or less to most Americans, loans to businesses, and an expansion of unemployment insurance. Officials are hoping to get these payments out as soon as early April, which will be based on the income that was reported in 2018 taxes. Each individual that made $75,000 or married couples filed jointly who made $150,000 will be in the requirement for the package. Whereas an individual making $99,000 or more or married couples making $198,000 would receive no check. People will also receive an additional $500 per child.

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