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President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Signed into law by President Donald Trump on April 24, 2020. Paycheck Protection Program and Health Care Enhancement Act ( H.R. 266) is a $484 billion law that increases funding to the Paycheck Protection Program and also provide more funding for hospitals and testing for COVID-19 . The bill passed the Senate by voice vote on April 21, 2020.
The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
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A 12.4% payroll tax split between employers and workers funds Social Security, while a 2.9% payroll tax finances Medicare. These taxes raised $1.24 trillion last year, according to the ...
Suspending payroll taxes for those who earn less than $104,000 from Sept. 1 through Dec. 31. Trump issued a memo calling for a $400 weekly supplement to state unemployment benefits through Dec. 6.
United States. Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 – March 2020. Families First Coronavirus Response Act – March 2020. Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – Includes $1200 stimulus checks, March 2020. Paycheck Protection Program and Health Care Enhancement Act – April 2020.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 ...