U.S. President Joe Biden said on Saturday (March 6) that Senate passage of his $1.9 trillion coronavirus aid bill means that $1,400 payments to most Americans will start to go out this month and the bill’s provisions will speed up manufacturing and distribution of vaccines.
Biden, speaking at the White House after the American Rescue Plan bill passed the Senate on a party-line 50-49 vote, said that over 85% of American households will receive payments, with a couple with two children making $100,000 annually receiving about $5,600.
The final bill includes $400 billion in one-time payments of $1,400 to most Americans, $300 a week in extended jobless benefits for the 9.5 million people thrown out of work in the crisis, and $350 billion in aid to state and local governments that have seen the pandemic blow a hole in their budgets.
House Majority Leader Steny Hoyer said in a tweet that the House will vote Tuesday on the Senate-passed bill. After passage by the House, it would be sent to Biden, who hopes to sign the bill before enhanced jobless benefits expire on March 14.
The Senate voted 50-49, with no Republicans supporting what would be one of the largest stimulus packages in U.S. history.
(Production: Kristin Neubauer)