Nepal govt opens energy sector for private investments, Sri Lanka ranked 67th in Global Peace Index and second in South Asia, The Amarnath Yatra will begin on July 3 and conclude on 28th August, Meghalaya: NPP leader James Sangma elected unopposed for Rajya Sabha,

US Congress approves 1.9 trillion dollars Covid relief bill

The US Congress approved a landmark $1.9 trillion COVID-19 relief bill Wednesday, as President Joe Biden and Democrats claimed a triumph on a bill that marshals the government’s spending might against twin pandemic and economic crises that have upended a nation. The House gave final congressional approval to the sweeping package by a near party line 220-211 vote precisely seven weeks after Biden entered the White House and four days after the Senate passed the bill without a single Republican vote. GOP lawmakers opposed the package as bloated, crammed with liberal policies and heedless of signs the crises are easing.

Most noticeable to many Americans are provisions to provide up to $1,400 direct payments this year to most adults and extend $300 per week emergency unemployment benefits into early September. But the legislation goes far beyond that. The measure addresses Democrats' campaign promises and Biden's top initial priority of easing a one-two punch that first hit the country a year ago. Since then, many Americans have been relegated to hermit-like lifestyles in their homes to avoid a disease that's killed over 525,000 people — about the population of Wichita, Kansas — and plunged the economy to its deepest depths since the Great Depression.

A dominant feature of the 628-page bill is initiatives making it one of the biggest federal efforts in years to assist lower- and middle-income families. Included are expanded tax credits over the next year for children, child care and family leave — some of them credits that Democrats have signaled they'd like to make permanent — plus spending for renters, feeding programs and people's utility bills. Underscoring the bill's focus, the independent Tax Policy Center said the measure would give almost 70% of its tax breaks this year to households earning $91,000 or less. In contrast, the Trump-era GOP tax bill gave nearly half its 2018 reductions to the top 5% of households earning around $308,000, said the research center, which is run by the liberal-leaning Urban Institute and Brookings Institution.

 

Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

The CBI has conducted searches at six premises in connection with the ongoing investigation into the IDFC First Bank and AU Finance fraud case..

Read More

Opinion

Perhaps the most overlooked example of anxiety-driven consumerism lies in the modern obsession with expiry dates.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.