Economic Stimulus

The package delivers a new round of financial assistance to Americans grappling with the impact of the pandemic. The House will need to vote on the final version.

Moderate Democrats have demanded that the $1,400 stimulus checks be targeted at low and moderate income people. The change, if adopted, means the House will need to vote again on the package next week.

The Senate will debate a $1.9 trillion COVID-19 bill and aim to pass it using a process that avoids a Republican filibuster. A battle over efforts to raise the minimum wage still splits Democrats.

The proposal, which would provide a new round of financial support for workers, families and businesses, will now advance to the Senate.

Congressional committees now move to the next stage of finalizing the details of President Biden's $1.9 trillion bill. Democrats are using a process that can pass the legislation on a party-line vote.

The president told House Democrats he won't back down from providing $1,400 direct payments in the COVID-19 aid package, but suggested checks could be more targeted, an idea Republicans have pushed.

The president elect on Thursday evening outlined his plan for coronavirus relief — one of the core issues he hopes to tackle in his first days of office.

Moody's office offers a resource to help people spot potential scams related to COVID-19 stimulus money.

Trump's seal of approval, even after bashing the legislation, puts an end to uncertainty over when millions of Americans will receive the economic relief provided in the massive congressional package.

The nearly $900 billion package includes an extension of jobless aid. The president's criticisms of the bill, including that relief payments would be too small, caught much of Washington by surprise.

Congressional leaders took seven months to negotiate the $900 billion package, which was passed with overwhelming majorities that could overturn a presidential veto.

The legislation extending aid to unemployed, providing money for vaccine distribution and a round of $600 stimulus checks was attached to an annual government funding bill that tacked on other items.