Biden’s $1.9 trillion Covid-19 relief package includes boosted unemployment, increased child tax credits, and school funding
Democrats in Congress are on the verge of passing the first big bill of President Joe Biden’s term: a $1.9 trillion Covid-19 relief package. The first thing that’s notable about the bill is how absolutely massive it is. At $1.9 trillion, the cost comes in at roughly double the stimulus package that President Obama signed into law during the Great Recession in 2009. And that’s after Congress separately approved $2.2 trillion and $900 billion relief bills last year. This all adds up to a huge, unprecedented undertaking to shore up the economy.
