Almost exactly one year after a pandemic was officially declared, the House of Representatives approved a $1.9 trillion plan Wednesday to help the nation through what are hoped to be the crisis’ final chapters, with $28.6 billion reserved specifically for the survival of restaurants.
The measure now moves to the White House, where President Biden has vowed to sign the historic measure into law as soon as he can lift the pen. The lift to the economy could be felt as soon as next week, when checks for $1,400 in direct aid start reaching households.
The American Rescue Plan will also spare millions of Americans from losing a federal sweetener to their state-paid unemployment benefits. The payments, dropped down by the Plan to $300 a week, were scheduled to cease starting Saturday.