The House of Representatives Saturday approved a $1.9 trillion pandemic relief bill on a near party-line 219-212 vote. WRCR’s Market Analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says assuming the Senate follows suit, checks for qualifying Americans could go out late March or early April…
The AP says the overall relief bill would provide $1,400 payments to individuals, extend emergency unemployment benefits through August and increase tax credits for children and federal subsidies for health insurance. The House COVID-19 bill includes a federal minimum wage increase to $15 an hour, so the real battle over its fate will occur when the Senate debates its version over the next two weeks.