The United States Senate votes 50β49 to pass a budget resolution that would allow Democrats to pass President Joe Biden's $1.9 trillion relief package without support from Republicans. 2021-02-2
President-elect Joe Biden unveils a $1.9 trillion relief package to bolster the United States economy. If passed in Congress, the relief package will increase the direct payments from $600 to $2,000, an increase of $1,400. The plan to increase the direct payments to $2,000 was endorsed by Biden himself, outgoing President Donald Trump, and Democrats. 2021-01-14
Senate Majority Leader Mitch McConnell blocks an attempt by Senate Democrats to increase the direct payments from $600 to $2,000. However, McConnell also said that the Senate will consider a process to provide $2,000 in stimulus checks to Americans, a measure that is supported by both Democrats and President Donald Trump. 2020-12-29
U.S. Senator Bernie Sanders announces that he will filibuster a Senate vote to override President Donald Trump's veto of the National Defense Authorization Act for Fiscal Year 2021 if the Senate doesn't vote on providing $2,000 direct payments to Americans. 2020-12-28
The United States House of Representatives passes a $900 billion COVID-19 relief bill with a vote of 359-53. 2020-12-21
Senate Majority Leader Mitch McConnell announces that Congress has reached a deal on a $900 billion COVID-19 relief package that includes a new round of direct payments and help for families, businesses and unemployed Americans. 2020-12-20
A $300 billion stimulus bill proposed by the Republican Party is blocked in a 52β47 vote in the U.S. Senate. 2020-09-10
The House of Representatives passes a $2 trillion stimulus relief bill as an effort to save the economy during the coronavirus pandemic. President Donald Trump signs the bill. 2020-03-27
The United States Senate and the Trump administration reaches a $2 trillion stimulus package deal following talks with Treasury Secretary Steven Mnuchin. The bill passes, and is expected to go to the United States House of Representatives. 2020-03-25
In an emergency move, its first since 2008, the U.S. Federal Reserve cuts the federal funds rate by 0.5%, to a range between 1 and 1.25%. 2020-03-3