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The coronavirus is a rapidly developing news story, so some of the content in this article might be out of date.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.

GREAT JOURNALISM, SLOW FUNDRAISING

Our team has been on fire lately—publishing sweeping, one-of-a-kind investigations, ambitious, groundbreaking projects, and even releasing “the holy shit documentary of the year.” And that’s on top of protecting free and fair elections and standing up to bullies and BS when others in the media don’t.

Yet, we just came up pretty short on our first big fundraising campaign since Mother Jones and the Center for Investigative Reporting joined forces.

So, two things:

1) If you value the journalism we do but haven’t pitched in over the last few months, please consider doing so now—we urgently need a lot of help to make up for lost ground.

2) If you’re not ready to donate but you’re interested enough in our work to be reading this, please consider signing up for our free Mother Jones Daily newsletter to get to know us and our reporting better. Maybe once you do, you’ll see it’s something worth supporting.

payment methods

GREAT JOURNALISM, SLOW FUNDRAISING

Our team has been on fire lately—publishing sweeping, one-of-a-kind investigations, ambitious, groundbreaking projects, and even releasing “the holy shit documentary of the year.” And that’s on top of protecting free and fair elections and standing up to bullies and BS when others in the media don’t.

Yet, we just came up pretty short on our first big fundraising campaign since Mother Jones and the Center for Investigative Reporting joined forces.

So, two things:

1) If you value the journalism we do but haven’t pitched in over the last few months, please consider doing so now—we urgently need a lot of help to make up for lost ground.

2) If you’re not ready to donate but you’re interested enough in our work to be reading this, please consider signing up for our free Mother Jones Daily newsletter to get to know us and our reporting better. Maybe once you do, you’ll see it’s something worth supporting.

payment methods

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