EconomyMar 06, 2021 02:25PM ET
© Reuters. U.S. President Joe Biden makes remarks from the White House after his coronavirus pandemic relief legislation passed in the Senate, in Washington
WASHINGTON (Reuters) – U.S. President Joe Biden said on Saturday that Senate passage of his $1.9 trillion coronavirus aid bill means that $1,400 payments to most Americans will start to go out this month and the bill’s provisions will speed up manufacturing and distribution of vaccines.
Biden, speaking at the White House after the American Rescue Plan bill passed the Senate on a party-line 50-49 vote, said that over 85% of American households will receive payments, with a couple with two children making $100,000 annually receiving about $5,600.
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