Biden signs bill into law
The check is in the mail. The White House said direct deposits will come as soon as this weekend.
Highlights from the bill:
- $1,400 stimulus checks
- $300-a-week jobless benefits
- $3,000-$3,600 cash for kids
- $34B for ACA subsidies
- 100% COBRA subsidies
- $350B state/local aid
- $14B vaccine distribution
- $25B rental aid
The IMF said the bill would boost US GDP by 5-6% over the next three years and that would spill over into growth and exports in much of the world.
