President Biden says COVID-19 stimulus plan means $1,400 checks being sent this month
An exhausted Senate narrowly approved a Saturday as President Joe Biden and his Democratic allies notched a victory they called crucial for hoisting the country out of the pandemic and economic doldrums.
After laboring all night on a mountain of amendments 바카라 게임 웹사이트 nearly all from Republicans and rejected 바카라 게임 웹사이트 bleary-eyed senators approved the sprawling package on a 50-49 party-line vote. That sets up final congressional approval by the House next week so lawmakers can whisk it to Biden for his signature.
Biden said Saturday that the plan means $1,400 checks to individuals would be sent out this month.
Under the Senate bill, individuals earning less than $75,000 a year and married couples earning less than $150,000 will receive $1,400 per person, including children. That will get money to about 90% of households.
Under the Senate version, that amount would be gradually reduced until it reaches zero for people earning $80,000 and couples making $160,000. Those ceilings were higher in the House version.
The huge measure 바카라 게임 웹사이트 its cost is nearly one-tenth the size of the entire U.S. economy 바카라 게임 웹사이트 is Biden바카라 게임 웹사이트s biggest early priority. It stands as his formula for addressing the deadly virus and a limping economy, twin crises that have afflicted the country for a year.
바카라 게임 웹사이트This nation has suffered too much for much too long,바카라 게임 웹사이트 Biden told reporters at the White House after the vote. 바카라 게임 웹사이트And everything in this package is designed to relieve the suffering and to meet the most urgent needs of the nation, and put us in a better position to prevail.바카라 게임 웹사이트
Saturday's vote was also a crucial political moment for Biden and Democrats, who need nothing short of party unanimity in a 50-50 Senate they run with Vice President Kamala Harris' tiebreaking vote. They hold a slim 10-vote House edge.
Not one Republican backed the bill in the Senate or when it initially passed the House, underscoring the barbed partisan environment that's characterized the early days of Biden's presidency.
CNN contributed.