The U.S. Senate narrowly passed President Biden’s $1.9 trillion coronavirus relief bill. A final approval vote from the House is set for Tuesday to greenlight the changes made in the Senate. If it passes, Sen. Bob Menendez (D-NJ) says 3.7 million New Jersey households can expect stimulus checks of $1,400, averaging $2,600 per household.
Individuals making under $75,000 and married couples making under $150,000 would receive the $1,400 direct payments. An additional $1,400 would be given for each dependent claimed.
Menendez also says the state, counties, and municipalities would receive $10 billion in direct aid and the child tax credit is extended from $2,000 t0 $3,600.
But a $15 minimum wage was cut and some unemployment benefits were not increased in the bill, which Menendez says he was disappointed with but believes this bill is an “enormous success” to help the state during the COVID-19 economic crisis.
“One of the greatest accomplishments of a long time,” said Menendez. “One of the most significant ways we bring an end to the pandemic and create relief for the economic consequences that the pandemic has brought us.”