USA Today has the latest updates from the White House and Congress on the $1.9 trillion stimulus package that was approved by Congress on Thursday.
President Joe Biden’s package will provide a $1,000 bonus to individuals and businesses with federal jobs created under the $2 trillion stimulus.
It will also allow Americans to stay on their current health care coverage.
It provides a $2,000 deduction for employer-sponsored health plans.
The $1 billion stimulus package also provides $400 billion for the first time to help reduce the deficit and prevent the recession.
The administration has already provided $4.4 billion to help states create jobs.
The $600 billion package will allow states to provide Medicaid expansion programs to eligible individuals with incomes up to 138 percent of the federal poverty level.
It also includes $500 million for state health insurance exchanges to expand Medicaid coverage to low-income individuals.
The administration also has set aside $1 trillion to help companies, individuals and families buy new homes and refinance mortgages.
More from USA Today: Biden’s $1 million bonus and $400 million deduction: What to know about the stimulus package Biden: ‘We’re going to give people more choice’ on health care Boehner: We’re going through this together The Obama administration has set the date of a final vote on the stimulus bill on March 31, but Biden and other Republicans have promised to fight to pass the legislation.
President Trump and Vice President Mike Pence met with House Speaker Paul Ryan on Thursday and agreed to keep the government open until March 29, at which point Congress will consider the measure.
Trump has said he plans to sign the bill, but the Whitehouse says the president will sign the legislation on Friday.
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