The House is set to vote on the measure late Wednesday morning, and then it will head to President Joe Biden’s desk for his signature. The Senate passed the bill in a 50-49 vote last week after making changes to the original version passed by the House.
Under the legislation, those making $80,000 or under and married couples making $160,000 or less will receive stimulus checks of up to $1,400 per person. The bill would also provide $1,400 per dependent. The bill would expand the annual child tax credit to $3,600 for children up to age 5 and $3,000 for children ages 6 to 17 years old. It would also extend $300 a week in enhanced unemployment benefits, which was set to run out over this coming weekend, until September 6, 2021.
In addition to direct payments and child tax credits, the bill would provide $14 billion for vaccine distribution, $49 billion for Covid-19 testing, contact tracing and personal protective equipment. It also includes $125 billion for K-12 schools and nearly $40 billion for high education. It would provide $39 billion in child care grants, $25 billion in rental assistance and $30 billion for public transit as well.