how nmuch is enough

1.9 trillion  biden

900 billion  trump

2.2  trillion trump  march

1 where and who is it going to   we could have paaid off every loan of every american in the us

pork at its finest  anyone that is  that bad off they need 600.00 600.00 1400.00  they all ready gone  bankrucpt or... there is no reason. why do they 

not listen

It's supposed to be a Covid aid bill plain and simple.  It's not. Estimated only 9% to Covid.  It's a giant gift to the Democrats.

Who is backing it? China?

This gives a little better understanding of where the money is actually going .....

https://www.wsj.com/articles/whats-new-in-the-third-covid-19-stimulus-bill-11615285802

the 1400.00 check the 300 unemployment whch is being abused  tax credit forr kids  does not even  make a scratch in this bloated pork

this is a soft form of socism  no way this is nessary no way  

The bill also includes:

• $350 billion for state, local, and Tribal governments, many of which have experienced a reduction in tax revenue as a result of the pandemic.
• About $130 billion for K-12 schools and $40 billion for colleges and universities.
• More than $75 billion for COVID-19 testing and support of the vaccine rollout, including funds for hospitals, public health agencies, and biomedical research.

Small business items

The American Rescue Plan Act also contains a number of provisions for small businesses. It allocates an additional $7.25 billion for Paycheck Protection Program (PPP) forgivable loans but otherwise relies more on targeted grants to small businesses in sectors of the economy hardest hit by pandemic-related economic slowdowns. Specifically, the bill provides:

• $15 billion for targeted Economic Injury Disaster Loan (EIDL) advance payments.
• $25 billion for restaurants, bars, and other eligible providers of food and drink.
• $1.25 billion for shuttered venue operators.
• $175 million to create a "community navigator" pilot program to increase awareness of and participation in COVID-19 relief programs for business owners currently lacking access, with priority for businesses owned by socially and economically disadvantaged individuals, women, and veterans.  

The bill also allocates $15 billion in grant money to the airline industry, with $14 billion for eligible air carries and $1 billion for eligible contractors. An additional $8 billion is provided for airports.

PPP funding

After being the centerpiece of the small business support in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, and the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act, or EAA), P.L. 116-260, the PPP plays a much smaller role in the American Rescue Plan Act. The program has disbursed more than $662 billion in forgivable loans in three iterations over the past 11 months. But with about half of the $284 billion in current funding available, the American Rescue Plan Act appropriates just $7.25 billion in additional funding and does not extend the PPP's current application period, which is scheduled to close March 31.

The plan does make more not-for-profits eligible for the PPP by creating a new category called "additional covered nonprofit entity," which are those not-for-profits listed in Sec. 501(c) of the Internal Revenue Code other than 501(c)(3), 501(c)(4), 501(c)(6), or 501(c)(19) organizations, that can receive an initial PPP loan, provided that:

• The organization does not receive more than 15% of receipts from lobbying activities;
• The lobbying activities do not comprise more than 15% of activities;
• The cost of lobbying activities of the organization did not exceed $1 million during the most recent tax year that ended prior to Feb. 15, 2020; and
• The organization employs not more than 300 employees.

Also made eligible for the PPP are some larger not-for-profits:

• Larger 501(c)(3) organizations and veterans organizations that employ not more than 500 employees per physical location.
• Larger 501(c)(6) organizations, domestic marketing organizations, and additional covered not-for-profit entities that employ not more than 300 employees per physical location.

upport for restaurants

Restaurants and bars have been among the businesses most hurt by the stay-at-home and social-distancing restrictions imposed to slow the spread of COVID-19. The $25 billion Restaurant Revitalization Fund (RRF) is intended to help businesses in the food services sector.

In addition to restaurants and bars, other entities eligible for support from the RRF include food stands, food trucks, food carts, caterers, saloons, inns, taverns, lounges, brewpubs, tasting rooms, taprooms, and any licensed facility or premise of a beverage alcohol producer where the public may taste, sample, or purchase products, or other similar place of business in which the public or patrons assemble for the primary purpose of being served food or drink.

The act allows for grants equal to the pandemic-related revenue loss of the eligible entity, up to $10 million per entity, or $5 million per physical location. The grants are calculated by subtracting 2020 revenue from 2019 revenue. Entities are limited to 20 locations.

The grant funds may be used to pay for the following eligible expenses:

• Payroll costs;
• Principal and interest payments on a mortgage, not including any prepayments on principal.
• Rent payments, not including prepayments;
• Utilities;

https://www.journalofaccountancy.com/news/2021/feb/house-passes-stimulus-bill-small-business-relief.html