Covid-19 Outbreak

What's In The $1.9 Trillion Stimulus Package?

President Biden's $1.9 trillion stimulus package cleared its final hurdle in Congress on Wednesday despite no Republicans voting in favor of it. The plan contains a range of measures such as a further direct round of payments to most Americans, amounting to more than $400 billion. Checks of $1,400 will be sent to individuals making up to $80,000, single parents earning $120,000 or less and couples with household incomes of no more than $160,000.

This infographic was compiled with data published by The Wall Street Journal and it shows that $350 billion is also being allocated to state and local governments while $246 billion is being allocated to extend unemployment programs. That means that federal unemployment payments will be extended until September 06. Democrats also tried to include plans to raise the federal minimum wage from $7.25 an hour to $15 per hour but those proposals were bogged down in the Senate and did not make the final bill.

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This chart shows the composition of the American Rescue Plan Act (in billion U.S. dollars).

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Planned monthly spending effect after COVID-19 stimulus payments in the United States as of January 2021, by household income (in U.S. dollars)
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Share of adults who approve of the two trillion U.S. dollar COVID-19 economic relief package in the United States as of April 2020, by political party
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Value of COVID-19 fiscal stimulus packages in G20 countries as of May 2021, as a share of GDP
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Distribution of planned uses of the one-time 600 U.S. dollar COVID-19 stimulus check by adults in the United States as of December 2020
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Coronavirus (COVID-19) stimulus package on support to households in Egypt as of October 2020 (in billion Egyptian pounds)
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Economic stimulus packages announced in energy sector for a post-COVID-19 recovery, by source (in billion U.S. dollars)

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