The Senate Just Passed Biden’s $1.9 Trillion Stimulus Bill

Time to warm up the money printer.

Joe Biden happy

Oliver Contreras/CNP/ZUMA

The coronavirus is a rapidly developing news story, so some of the content in this article might be out of date. Check out our most recent coverage of the coronavirus crisis, and subscribe to the Mother Jones Daily newsletter.

After a marathon all-night vote on a series of amendments, the Senate passed a $1.9 trillion pandemic relief bill on Saturday on a 5o-49 party-line vote, moving one of President Joe Biden’s signature initiatives one step closer to becoming law.

Among other things, the bill includes $350 billion for state governments, and extends unemployment benefits at $300-a-week through September 6. And most famously, the package includes another round of checks—a full $1,400 for people below a certain cutoff. (That would be $75,000 for single individuals, $112,500 for single parents, and $150,000 for couples.)

This doesn’t have everything Biden and progressives in Congress originally pushed for. The thresholds for checks has gone down substantially from what passed the House (and what was included in earlier COVID relief measures). An effort to attach language raising the minimum wage to $15 an hour failed (with eight Democrats voting against it). And the extended unemployment benefit was unexpectedly slashed at the last minute from $400-a-week to $300—thanks to a perplexing gambit by West Virginia Sen. Joe Manchin, the most conservative Democrat in the chamber.

But it is still, as the president might say, a big F-ing deal. $1.9 trillion is a whole lot of money. Sen. Bernie Sanders of Vermont called it “the most significant piece of legislation to benefit working people in the modern history of this country.” It’s more than double what President Barack Obama and Congress secured amid the Great Recession in 2009. The specter of that effort, the American Recovery and Reinvestment Act, loomed over this plan from the beginning, fueling the push to go big and act fast rather than pursue Republican votes they were never really going to get. They asked for a lot and they got a lot.

“We cannot go through the situation we did back in 2009, where the stimulus wasn’t strong enough and we stayed in recession for years,” Senate Majority Leader Chuck Schumer told reporters last week.

Biden recently suggested Obama showed too much “modesty” in the wake of that effort, and implored Democrats to take a “victory lap” on legislation that polls show is overwhelmingly popular.

The bill will now go to the Democratic-controlled House. Once it passes there, it’ll go to President Joe Biden’s desk. And then, finally, you can start looking out for those checks.

DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again—any amount today.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

That’s why we need you right now. Please chip in to help close the gap.

DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again—any amount today.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

That’s why we need you right now. Please chip in to help close the gap.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate