Biden signed the American Rescue Plan, a sweeping $1.9 trillion package, into law in early March. The series of measures -- which make up one of the most consequential pieces of legislation in decades intended to bolster the US' recovery from the coronavirus pandemic -- included stimulus payments of up to $1,400 per person for about 90% of American households, a $300 federal boost to weekly jobless benefits and an expansion of the child tax credit of up to $3,600 per child.
The plan, which did not receive support from any Republicans in Congress, also included $350 billion in state and local aid, as well as billions of dollars for K-12 schools to help students return to the classroom, to assist small businesses hit hard by the pandemic and for vaccine research, development and distribution.
That same month, Biden also signed two bills extending existing economic relief during the pandemic. He signed legislation into law extending the Paycheck Protection Program -- the federal government's key relief effort to deliver aid to small businesses hard hit by the pandemic. He also signed through the COVID-19 Bankruptcy Relief Extension Act, which extended temporary bankruptcy relief provisions granted by the CARES Act.
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