Roommates, after several months of waiting under the Trump administration, new President Joe Biden has finally signed the COVID-19 stimulus relief bill to ensure Americans receive another round of payments. President Biden was initially set to sign the stimulus bill on March 12th after it passed through Congress—but he unexpectedly moved the process up by one day, as more Americans are crying out for financial relief.
President Joe Biden promised that he would get a lot done during his first 90 days in office—and he has stayed true to his word, which now includes signing the COVID-19 stimulus relief bill. President Biden officially signed the $1.9 trillion relief package into law, which is said to be one of the largest stimulus packages in U.S. history. During the official signing, he said “This historic legislation is about rebuilding the backbone of this country.”
As for when Americans will receive their checks, it’s being reported that the first round of stimulus payments could be delivered to select individuals as early as this weekend, totaling up to $1,400. In order to receive the rapid weekend payments, individuals need to have their direct deposit information already in the IRS database.
The stimulus bill, is known as the American Rescue Package, which authorizes a third round of one-time payments for most Americans. Additionally, it also extends additional unemployment support to those still without jobs, sets aside federal funding in an effort to reopen schools, assist in the process of distributing the COVID-19 vaccine doses and also help cities and states that are facing increasing budget issues.
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