American Rescue Plan Act

Heather Boushey, a member of President Joe Biden‘s Council of Economic Advisers, has defended the administration’s economic policies and stimulus packages, attributing the high inflation to the Covid-19 pandemic rather than these measures, CNBC reports. Defending Biden’s Economic...

In 2020, the Coronavirus Aid, Relief and Economic Act provided payments of $1,200 to eligible adults and another $500 for those with qualifying children. The CARES Act was the first of three rounds of stimulus payments for Americans since March 2020. The Tax Relief Act of 2020 in December declared...