What’s in the bill will undoubtedly change by the time it arrives in the Senate, where the votes of all 50 Democratic senators are needed to allow Vice President Harris to cast the tie-breaking vote. But the current proposal is fairly close to the package Biden proposed as a candidate with one dramatic exception: no federal mandate for paid family medical or sick leave. Still, there’s a lot to like about the current proposal, which is likely going to be very close to the package Biden eventually signs into law—ideally before additional federal unemployment benefits expire next month. Here’s what’s in it — and when to expect to see money in your bank account.
Stimulus Payments
$1,400 checks
When You’ll Get Your Stimulus
mid-to-late March
Minimum Wage
increase to the federal minimum wagecloser to a living wage
Child Tax Credit and Earned Income Tax Credit
new child tax credit monthly payments
When You’ll See That Monthly Child Tax Credit
Unemployment Benefits
unemployment benefits$300
Housing and Nutrition Assistance
Education and Childcare
ready to reopen
Healthcare and Medical Costs
vaccines