House Passes $ 1.9 Trillion Stimulus Bill with Variety of Small Business Relief

House Passes $ 1.9 Trillion Stimulus Bill with Variety of Small Business Relief

The United States House of Representatives passed, by a vote of 219-212, a $ 1.9 trillion COVID-19 relief package early Saturday morning that includes 1,400 personal stimulus checks, an extension of unemployment and tens of billions of dollars in small business and nonprofit assistance.

The bill, called the American Rescue Plan Act of 2021, HR 1319, also includes incremental increases in the minimum wage that would bring it to $ 15 an hour by 2025. This part of the bill is unlikely to be taken. into account in the next judgment of the bill, the Senate. This is because the parliamentarian of the Senate ruled on Thursday that the increase in the minimum wage could not be part of the bill because it was envisaged to use the rules of budget reconciliation, which paves the way for the Senate to adopt the bill by a …

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