Congress passes coronavirus relief bill: What it means in CT

CONNECTICUT — From Greenwich to Thompson and the halls of power to Hartford, the sound you hear is a collective sigh of relief: The U.S. House of Representatives on Wednesday passed a final version of 1 .9 trillion dollars.

The goal was to pass the US bailout, which aims to fight the pandemic and strengthen the US economy, and deliver it to President Joe Biden by March 14 – the day unemployment benefits emergency expire. Biden is expected to sign the bill on Friday, according to media reports.

As with the Senate version, House Republicans were unanimous in their opposition to the bill. All Connecticut representatives voted yes.

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Only Representative Jared Golden, a Democrat from Maine, broke with his party to vote against the bill.

“The US bailout helps everyone, but especially the poor and middle class, who need help right now,” said Senator Chris Murphy.

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On Twitter, Senator Richard Blumenthal said the legislation “strengthens a social safety net that has been shredded by years of indifference and neglect, and makes a historic commitment to American families who have fought to keep the lights on. for far too long.

Calling it a “game changer for Connecticut and the entire nation,” Gov. Ned Lamont praised Biden and the state’s congressional delegation for their “leadership and commitment to providing long-delayed relief to millions of American families, small businesses, state and local governments, our schools and child care system, and communities struggling with the economic fallout from this pandemic.

Dunning checks

Most notably, the measure will provide the long-awaited payments of $1,400 to people who meet certain income criteria.

The maximum amount for the third round of stimulus checks will be $1,400 for any eligible person or $2,800 per eligible couple filing taxes jointly. Each eligible dependent, including adult dependents, will also be eligible for a $1,400 payment. This means a family of four could receive up to $5,600 in total.

Checks of up to $1,400 will go to people earning $80,000 or less, single parents earning up to $120,000 and couples with household incomes below $160,000.

According to CNET, checks sent to direct deposit accounts could start going out the week of March 17. Paper checks could start mailing the following week.

Child tax credit

A big benefit that could help families across the country is a boost in the child tax credit.

The credit, which is now a maximum of $2,000, is increased to $3,600 per child under the age of 6 and to $3,000 per child aged 6 to 16 for 2021. It will be paid in monthly installments from this month of July. and will include more low-income households.

The expanded credit begins to fade for those earning $75,000 a year or $150,000 for couples.

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More federal aid

In addition to direct payments, the legislation would provide hundreds of billions of dollars for schools and colleges, coronavirus vaccines and testing, public transit systems, tenants and small businesses.

It also has money for child care and assistance for states willing to expand Medicaid coverage to low-income residents.

Federal unemployment benefits of $300 a week will be extended until September 6.

An increase in the minimum wage was not part of the House bill that just passed.

US Senator Richard Blumenthal, D-CT, said: “The US bailout will put money in people’s pockets and vaccines in their arms. It is making major investments in vaccine distribution, health workers frontline healthcare, small businesses and schools, but its value is even more than the $1.9 trillion it will give back to our communities.”

“This legislation strengthens a social safety net that has been shredded by years of indifference and neglect, and is a historic commitment to American families who have struggled to keep the lights on for far too long,” Blumenthal added.

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