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The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession.
On August 12, 2022, the bill was passed by the House on a 220–207 vote, with all Democrats voting in favor and all Republicans voting against it. On August 16, 2022, the bill was signed into law by President Joe Biden. Provisions. Over a period of 10 years, the law is estimated to raise revenue from:
Executive Order 14067, officially titled Ensuring Responsible Development of Digital Assets, was signed on March 9, 2022, and is the 83rd executive order signed by U.S. President Joe Biden. The ultimate aim of the order is to develop digital assets in a responsible manner. [1] The executive order addresses the potential national security ...
Biden is calling on Congress to approve his “mortgage relief credit,” which the White House said will help more than 3.5 million middle-class families purchase their first home over the next ...
A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax credit program to first-time homebuyers (including those ...
Recognizing the financial pain felt by millions of working families, President Biden has proposed a $10,000 tax credit for first-time homebuyers and people who sell their starter homes. Don’t miss
Passed the House on November 19, 2021 ( 220–213) The Build Back Better Act was a bill introduced in the 117th Congress to fulfill aspects of President Joe Biden 's Build Back Better Plan. It was spun off from the American Jobs Plan, alongside the Infrastructure Investment and Jobs Act, as a $3.5 trillion Democratic reconciliation package that ...
If it does pass, it will allocate $16 billion in funding to build or rehabilitate 400,000 new homes across the U.S., according to a statement from the White House issued on Monday, Oct. 16.