(Reuters) – The Home of Representatives gave ultimate approval on Wednesday to one of many largest financial stimulus measures in U.S. historical past, a sweeping $1.9 trillion COVID-19 reduction invoice that offers President Joe Biden his first main victory in workplace.
The measure gives $400 billion for $1,400 direct funds to most People, $350 billion in assist to state and native governments, an enlargement of the kid tax credit score and elevated funding for vaccine distribution. Forecasters anticipate it to supercharge the U.S. financial restoration.
“Assistance is right here,” Biden wrote in a tweet after the vote. The White Home