+5 C°
Traffic jam:   0

The U.S. Congress has approved the idea of giving away two thousand dollars each to Americans

29 December 2021
1 min.
The U.S. Congress has approved the idea of giving away two thousand dollars each to Americans

Handing out money

The US House of Representatives (HOR) has approved the idea of handing out two thousand dollars each to Americans, with a majority voting in favour of the initiative to increase direct payments to citizens as part of a national economic stimulus.

There were 275 lawmakers in favour and 134 against the initiative.

The American economic stimulus bill, signed into law by US President Donald Trump, is for $900 billion. It includes an increase in payments to citizens from $600 to $2,000. Congress has separately considered the increase in direct payments. The House of Representatives, by voting in favour of the initiative, effectively fulfilled Trump's demand.

On 28 December, current US President signed a bill for a massive bailout package for the US economy. The payout would increase from $600 to $2,000, and $600 would be handed out for children instead of $300.

Direct payments are intended for people with incomes under $75,000 a year, and the package also includes subsidies for companies in the hardest-hit industries (at $284 billion). The new package will also help the transport industry (including $15 billion for airlines), schools ($82 billion) and universities, as well as vaccines and food. Some $284 billion will be available for affordable loans for small businesses.

The new support package will be the biggest since the US government passed at the height of the first wave of the pandemic: in March, US authorities allocated 1.8 trillion dollars to fight the crisis. At the time, 70 million Americans received benefits amounting to $1,200. Before the presidential election in November, the House of Representatives and the White House discussed another package for two trillion, but were unable to agree.

Persons1 and Companies2 in the news

45th President of the United States
1 place


Rating companies
52 Mention
51 Mention
49 Mention
46 Mention
Dow Jones
40 Mention
38 Mention
White House
31 Mention


News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director