US House of Representative Speaker, Nancy Pelosi, seen giving a thumbs up as the Relief Plan was approved
US House Speaker, Nancy Pelosi, was seen excited and giving a thumbs up as Congress approved the President Joe Biden administration’s Covid19 Relief Plan.
The $1.9 trillion Plan was approved Wednesday, March 10, 2021, after a voting process that was mainly on party lines.
The emergency spending measure has been designed to lessen the financial burden of the coronavirus on Americans.
The measure is expected to put the US economy on a recovery path.
The plan was on March 6, 2021, passed by the US Senate in a 49-50 vote.
President Biden is scheduled to sign the bill on Friday, March 12, 2021.
After the bill was passed, President Biden announced in a televised address delivered from the White House that “This bill represents a historic, historic victory for the American people.”
Accordingly, the bill authorises $1,400 direct cheques to an estimated 160 million US citizens.
The bill also extends federal jobless benefits of $300 a week to 10 million unemployed workers, and provides hundreds of billions in subsidies and bailouts.
The passage of the bill comes as more than 29 million persons are confirmed to have been diagnosed with Coronavirus in the US.
About 528,000 individuals have lost their lives in the US due COVID-19 which started in Wuhan, China, in December 2019.
By Melvin Tarlue