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Senate approves $2 trillion stimulus package in face of COVID-19 pandemic

March 26, 2020

Via: Jurist

A unanimous Senate vote Wednesday approved a historic $2 trillion stimulus package to try to keep the US economy afloat during the COVID-19 pandemic.

The bill would provide direct payments of $1,200 to Americans earning up to $75,000, phasing out for higher earners and ending for those earning more than $99,000. It includes for families an additional $500 per child. The bill also expands jobless aid, providing an additional 13 weeks of unemployment payments, as well as adding $600 per week for the first four months of payments. It extends unemployment benefits for the first time to freelancer workers and gig employees.

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