Happy International Women’s Day, OnPolitics readers!
Let’s go girls: President Joe Biden marked the holiday Monday by signing two executive orders creating a Gender Policy Council and reviewing Trump-era changes to Title IX.
While your eyes might have been focused on Meghan Markle and Prince Harry’s interview with Oprah, we were busy watching the latest development on the president’s American Rescue Plan (which passed in the Senate over the weekend.)
It’s Mabinty, with the news you need to know.
Want this news roundup in your inbox every night? Sign up for OnPolitics newsletter here.
And just like that, we have a bill
The Democratic-controlled Senate Saturday overcame Republican roadblocks and a debate that lasted beyond 24 hours to pass Biden’s $1.9 trillion COVID-19 relief package which would provide millions of Americans with $1,400 direct payments, billions of dollars for vaccine distribution and funds to help reopen schools and colleges.
- Provides most Americans earning up to $75,000 a $1,400 stimulus check. Payments cut off completely for anyone who makes more than $80,000.
- Extends a $300 weekly federal boost to unemployment benefits through August
- Sends $350 billion to state and local governments whose revenue has declined because of COVID-19’s impact on the economy.
- Allocates $130 billion to help fully reopen schools and colleges.
- Allots $30 billion to help renters and landlords weather economic losses.
- Devotes $50 billion for small-business assistance.
- Dedicates $160 billion for vaccine development, distribution and related needs.
- Expands the child tax credit up to $3,600 per child.
In brief remarks Saturday morning, the president told reporters the package was “one more giant step forward” on delivering on his pledge to deliver aid to millions of Americans suffering from the effects of the COVID-19 pandemic.
A final vote is required next week for the Democratic-controlled House to adopt the Senate version of the bill before Biden can sign it into law, but approval is expected.
So, when will you get your money?
Millions of Americans should start to see stimulus checks of up to $1,400 land in their bank accounts in just a few weeks.
The Internal Revenue Service hasn’t yet indicated how soon it will start to distribute the money. But analysts say the checks should start appearing in bank accounts via direct deposit in just a couple of weeks, based on the distribution timeline from the last round of stimulus payment late last year.
- How much money will your state get? What each state will get under Biden’s COVID-19 relief bill
- 6 takeaways from the Senate’s approval of Biden’s COVID-19 relief bill
There are other things happening in politics outside of stimulus relief
- White House says it will use ‘every tool’ to combat Russian vaccine disinformation
- After 2020 fraud claims, Donald Trump requests mail ballot for municipal election
- Fewer than 1 in 5 support ‘defund the police’ movement, USA TODAY/Ipsos Poll finds
- US Capitol security review: 5 takeaways, including more officers, intelligence and bomb-sniffing dogs
It’s been a long 365 days since COVID lockdown began. Be kind to one another. —Mabinty