The text will have been the subject of arduous negotiations. But America has its third stimulus package. The Senate passed the American Rescue Plan Act on Saturday, after making numerous changes to the bill passed earlier in the week by the House of Representatives. It will therefore have to be pronounced again within a few days, before Joe Biden signs the text.
After the 2,200 billion dollars adopted as a matter of urgency almost a year ago, then the 900 billion torn off at the end of Donald Trump’s mandate, it is this time 1,900 billion dollars that will be injected into the American economy. “This law will bring more help, to more people, than any other federal plan for decades”, rejoiced the Democratic leader in the Senate, Chuck Schumer. In 2009, when Joe Biden was Barack Obama’s vice-president, the plan to fight the crisis was “only” 800 billion …
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