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Biden signs economic stimulus bill


President Joe Biden signs the coronavirus relief package in the Oval Office of the White House on Thursday. Associated Press/Photo by Andrew Harnik

Biden signs economic stimulus bill

Taxpayers could receive $1,400 deposits from the U.S. government as soon as this weekend, White House press secretary Jen Psaki said Thursday. In a ceremony in the Oval Office, President Joe Biden signed the $1.9 trillion stimulus bill, which passed in Congress without a single Republican vote.

What’s in the bill? In addition to the individual stimulus payments, it extends extra pandemic unemployment benefits, funds COVID-19 vaccines and testing, and money for state and local governments and schools. It funds a mountain of Democratic priorities not directly related to the virus, including tax breaks for lower-earning people, families with children, and consumers buying health insurance. In his first primetime address in the White House Thursday night, President Joe Biden called the bill a "historic piece of legislation" and said he's asking states and territories to make all adults eligible for vaccines by May 1.

Dig deeper: Read Harvest Prude’s report in The Stew about how this spending bill could hurt the U.S. economy in the long run.

Editor’s note: WORLD has updated this report since its initial posting.


Lynde Langdon

Lynde is a WORLD Digital's managing editor. She is a graduate of World Journalism Institute, the Missouri School of Journalism, and the University of Missouri-St. Louis. Lynde resides with her family in Wichita, Kansas.

@lmlangdon

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NEWS2ME

Dems don't care. Being in control is all they care about.

I know I can't do anything about what they do in the DC swamp. Knowing the details just makes me mad. 

It will be interesting to see the future of voting because many people say use your vote. But if the people in control are countring the votes, that's it for conservatives.

Dems figured out how to control Calif. They and NYC have been moving out across the nation to take control of other states since then.

 

OldMike

JD, I agree 100%!   The Dems, in my opinion, are wrecking our future economy, with one main goal:  buying the votes of the part of our population that sticks its hand out for freebies!  And that class is, sadly, growing larger all the time.