House Democrats are taking the lead in drafting a new COVID-19 relief bill for President Joe Biden and it’s expected to cost taxpayers a whopping $1.9 trillion.
Called the American Rescue Plan, Biden’s version of the fourth coronavirus relief package is expected to “augment[] many of the measures in Congress’ historic $3 trillion coronavirus relief bill from March and in the $900 billion legislation from December, which was scaled back to garner support from Senate Republicans.” It also increases financial aid for the unemployed, and bumps “support for small businesses, states, and local governments.”
House Democrats, however, have been hard at work on their own version of the plan, in the hopes that they can include a number of items jettisoned from December’s bill and push for things like a $15 minimum wage as part of the larger relief effort.
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It’s not a guaranteed success. According to CNN, the “House Budget Committee will assemble a final bill based off the