What’s in the $1.9 trillion Covid bill Biden just signed? You might be surprised – By Sahil Kapur and Benjy Sarlin (NBC News) / Mar 11 2021
Stimulus checks aside, the law also has relief for indebted students, renters and homeowners, restaurants, minority farmers, pensions and funeral expenses
WASHINGTON — President Joe Biden signed the massive Covid-19 stimulus bill into law Thursday, touting provisions that will put money into the pockets of millions of Americans.
But the bill is more than stimulus payments and jobless benefits. It also includes a litany of programs: health insurance subsidies, a cash-for-kids allowance to slash child poverty, state and local aid (which can’t be used to cut taxes) and money for schools, restaurants, pensions, homeowners, renters, farmers and funerals.
Here are some of the key provisions:
Stimulus checks and jobless aid
The bill includes the biggest round yet of direct cash payments: $1,400 for individuals making under $75,000 and $2,800 for married couples making under $150,000. The White House says they’ll begin hitting bank accounts “as early as this weekend.”
Individuals making less than $80,000 or married couples making below $160,000 will get smaller checks. Parents who qualify for their own checks also will get an additional $1,400 per child.
CONTINUE > https://www.nbcnews.com/politics/congress/what-s-1-9-trillion-covid-bill-biden-just-signed-n1260719
