US Home Passes COVID-19 Reduction Act, Western Pa. Billion Greenback Help Would Present – CBS Pittsburgh
PITTSBURGH (KDKA) – The House Democrats gave President Biden his first major victory in his presidency.
The nearly $ 2 trillion COVID-19 relief bill was passed overnight according to party lines in the house.
But don’t start counting this stimulus money just yet.
Millions of Americans and businesses are one step closer to another round of financial relief.
The package includes:
- $ 1,400 stimulus checks for those earning less than $ 75,000 a year
- Increases federal unemployment benefits to $ 400 per week
- An increase in the tax credit for children
- Additional funding for small businesses
- $ 130 billion for schools
It also includes support for rent and food, money for vaccine distribution, and support to state and local governments.
Republicans have deemed the plan too costly and wasteful.
“Our job today is to quickly address the physical, emotional, and financial health of all Americans, and we can achieve all three of these priorities through the adoption of the American rescue plan,” said Rep. Ed Perlmutter (D-CO).
“This is a $ 1.9 trillion wish list for partisans that could ultimately add to the federal deficit by between $ 2 trillion and $ 3 trillion without meeting the immediate needs of Americans who are merely trying to meet them Survive pandemic, “said Rep. Michael Burgess (R-TX).
The bill will now go to the US Senate, which could land there on Monday.
Democrats want the bill on President Biden’s desk before federal unemployment benefits expire on March 14.
One of the regulations that stalled was to raise the federal minimum wage to $ 15 an hour.
This provision was retained even after the impartial Senate MP declared that it was against budgetary rules.
The provision is likely to hit the cutting room floor once the legislation goes to the Senate.
However, Senate Majority Leader Chuck Schumer (D-NY) is considering adding to the Senate version a provision penalizing large corporations that fail to pay workers at least $ 15 an hour.
If approved, the federal COVID relief plan would help our region in many ways.
- It would fund better access to vaccines
- Allegheny County’s school districts would split $ 300 million to safely reopen schools
- The communities would also receive money to prevent first responders from being made redundant
“Allegheny County’s parishes will bring over $ 760 million to the county. The city of Pittsburgh alone will receive $ 327 million, “said Rep. Mike Doyle (D-Forest Hills).
The bill also includes PPP grants for small independent businesses, money for grocery stamps, money for rent and mortgage aid, and a new restaurant revitalization fund.
You can read the American Rescue Plan Act here.