Stimulus To Pass Congress, Now The Difficult Part Awaits.
The US House is going to vote on the stimulus bill today again after the Senate made changes to appease moderate Democrats. (NY Times)
“Biden and his aides have promised that a large number of Americans could receive their $1,400 stimulus payments before the end of March. But some of the other ambitious elements of the soon-to-be law — including new child tax support, aid to local governments and money to help families pay rent — could take much longer to disburse. The sheer volume of new programs threatens to swamp federal agencies, including the Internal Revenue Service, leaving some lawmakers fearful about early delays.
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The American public desperately need the extra economic boost provided by the new bill in order to get back to normal everyday existence. Entire industries have been hobbled by pandemic and are in danger of collapsing without help from the federal government. The law is massive and will take time and determination to get this right but the American public is worth every penny spent. Hopefully we will be much better prepared to face the next pandemic that is inevitable but that requires competent Executive leadership.
