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State, Vaccine Money Wraps Up House Legislation: Stimulus Update

  • Check here for updates on Biden’s proposed $1.9 trillion plan
  • Committees have put Biden’s proposal into legislative text
Bloomberg business news
White House Says Stimulus Plan is Already Bipartisan
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House committees on Friday wrapped up their work putting President Joe Biden’s $1.9 trillion Covid-19 relief plan into legislative text. The Senate may seek to change some components, however, with the proposed minimum-wage hike a potential casualty.

The House Energy and Commerce Committee, as well as the Oversight and Reform panel, completed votes on components of the aid package on Friday. Some $350 billion for state and local governments, along with scores of billions more for Covid-19 measures including funding for vaccines and testing, were approved by the panels.