The $2.2 trillion deal is poised to stimulate and boost the economy in light of the coronavirus outbreak.
Despite roadblocks from one disapproving Kentucky congressman and a handful of ailing representatives reporting from across the country, the U.S. House of Representatives worked quickly on Friday, March 27, to pass the historic legislation aimed at boosting the nation's fragile economy after the effects of the coronavirus.
After debate, members of Congress passed the bill by voice vote, with representatives scattered throughout the chambers using social distancing measures, as well as some representatives voting remotely. Rep. Thomas Massie, R-Ky., a libertarian, had caused some frustration among members earlier, insisting upon a roll call vote, which would have required representatives to fly back to the Capitol to be present in-person.
After outrage was voiced throughout the chambers on both sides of the aisle, Massie's request was eventually overruled.
Never knew John Kerry had such a good sense of humor! Very impressed! https://t.co/vCVNMUeY2h— Donald J. Trump (@realDonaldTrump) March 27, 2020
“Today we’ve all acknowledged our nation faces an economic and health emergency of historic proportions,” said House Speaker Nancy Pelosi.
The legislation is estimated to total $2.2 trillion in relief for the U.S., in the form of $1,200 individual payments to most Americans, as well as additional funding for unemployment, loans and grants to keep businesses afloat, assistance for local government entities, and monetary support for the health care system, among others.
🚨 BREAKING: Critical Coronavirus relief PASSED the House.— Steve Scalise (@SteveScalise) March 27, 2020
Next stop → @realDonaldTrump’s desk.
America, targeted help is on the way:
✅ Major resources for hospitals
✅ Direct checks to families
✅ Small biz loans to cover payroll
✅ Expanded unemployment benefits
After passing the House, the bill was taken directly to President Donald Trump, who signed it later in the afternoon.
🚨 Help is on the way. 🚨— Senate Republicans (@SenateGOP) March 27, 2020
President @realdonaldtrump just SIGNED the Coronavirus Aid, Relief & Economic Security Act into law.
This is a rescue operation for the American people.
↓ Here's what it does ↓ pic.twitter.com/yXys2wWrUH
It's estimated that it will take several weeks before the $1,200 checks are issued. Residents who have allowed the IRS to deposit tax refunds directly into their bank accounts in the past two years will likely receive the funds via direct deposit. Others will receive a live check in the mail.