American Rescue Plan Details: Tax Credit, COVID-19 Vaccine Funds : Coronavirus Updates ... - 0 views
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The Senate passed its version of the $1.9 trillion coronavirus relief bill on Saturday, paving the way for the plan to be taken up by the House on Tuesday or Wednesday before heading to President Biden's desk for his signature.
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The colossal package known as the American Rescue Plan allocates money for vaccines, schools, small businesses and anti-poverty programs such as an expanded child tax credit that would mean new monthly payments to many parents.
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Republicans are expected to universally oppose the bill, arguing that they were effectively shut out of the process through reconciliation and that the package is too broad, saying only 9% of the funds go directly toward COVID-19 relief.
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