National
‘Historic day’: House passes $US1.9 trillion COVID stimulus bill, handing Biden major victory – Sydney Morning Herald
Experts say the $US1.9 trillion bill will cut child poverty in half and deliver financial relief to the Americans who have been hit hardest by the pandemic.
- One-off direct payments of US$1400 ($1800) to most American taxpayers;
- An expansion of the child tax credit – the US version of Australias Family Tax Benefit payments – by up to US$3600 ($4660) per child;
- Over US$50 billion ($65 billion) for the expanded distribution of vaccines and coronavirus testing;
- Tens of billions of dollars in support for schools, state and local governments and small businesses.
Progressive Democrats had to sacrifice one of their main economic priorities – increasing the federal…
