President Biden Signs American Rescue Plan; $1,400 Could be in Your Bank Account This Weekend
March 12, 2021
WASHINGTON — One year to the date that the World Health Organization declared a global pandemic for the deadly coronavirus, President Joe Biden signed into law the $1.9 trillion American Rescue Plan that was passed by the U.S. Senate on Saturday and by the U.S. House of Representatives yesterday.
Within the American Rescue Plan is $31.2 billion that has been allocated to Indian Country, the largest amount of money ever allocated for American Indian/Alaska Native programs in history.
The plan also includes $1,400 direct payments for 85 percent of Americans, vaccine distribution efforts, school re-openings, extended unemployment benefits through September, among many other things. To be eligible for the full $1,400, individuals must have an adjusted gross income (AGI) below $75,000. Married couples filing jointly must have an AGI under $150,000 to receive the full $2,800.