image description

President Biden Signs $1.9 Trillion Relief Bill Before Speech to Nation

March 11th, 2021 by WCBC Radio

Marking a year of loss and disruption, President Joe Biden on Thursday signed into law the $1.9 trillion relief package that he said will help the U.S. defeat the coronavirus and nurse the economy back to health. Some checks to Americans could begin arriving this weekend.

The signing came hours before Biden delivers his first prime-time address since taking office. He’s aiming to steer the nation toward a hungered-for sentiment — hope — as he marks one year since the onset of the pandemic that has killed more than 529,000 Americans.

“This historic legislation is about rebuilding the backbone of this country,” Biden said as he signed the bill in the Oval Office.

Most noticeable to many Americans are provisions providing up to $1,400 direct payments this year to most people, some of which could begin landing in bank accounts this weekend, and extending $300 weekly emergency unemployment benefits into early September. Also included are expanded tax credits over the next year for children, child care and family leave — some of them credits that Democrats have signaled they’d like to make permanent — plus spending for renters, feeding programs and people’s utility bills.