Stimulus Bill Passes Senate After Compromise on Unemployment

Christy Bieber, The Motley Fool
·4-min read
Stimulus Bill Passes Senate After Compromise on Unemployment

Before President Joe Biden took office, he laid out an ambitious plan for a coronavirus relief bill. It would cost $1.9 trillion and, among other things, would provide $1,400 stimulus checks for most Americans, as well as relief for the unemployed. Democrats worked quickly to pass legislation based on his framework, but they suffered a setback on Friday as a conflict over unemployment benefits resulted in a lengthy delay.