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Stimulus package update: What’s in the Covid-19 Relief Bill

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What is the overall size of the package?The House and Senate passed a budget resolution in February that allowed them to craft the $1.9 trillion relief package.

The size of the package has stayed roughly the same since it was unveiled by Mr. Biden during the transition period, and after he rebuffed a proposal by a group of 10 Republicans who argued for a $618 billion bill.How big are the stimulus checks?The package includes a third round of economic impact payments to individuals.

The current House legislation contains $1,400 checks for individuals making less than $75,000 annually, and phased-out amounts for people with higher incomes.

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