President Joe Biden has officially signed the $1.9 trillion relief package on Thursday, in efforts to help the American people and nurse the economy back to health.
“This historic legislation is about rebuilding the backbone of this country,” Biden said as he signed the bill in the Oval Office.
The bill was supposed to be signed on Friday, but arrived sooner than expected to the White House.
“We want to move as fast as possible,” tweeted White House chief of staff Ron Klain. He added, “We will hold our celebration of the signing on Friday, as planned, with congressional leaders!”
The bill will send out a third round of stimulus payments up to $1400 for most Americans: extend additional unemployment; and makes major changes to the tax code to benefit families with children.
There will also be a new federal aid to help schools reopen, along with an additional aid for cities and states facing budget shortfalls.