新型冠状病毒

Joe Biden signs $1.9tn stimulus bill into law

Move paves the way for US Treasury to send out $1,400 cheques to most Americans

US President Joe Biden signed a $1.9tn stimulus package into law on Thursday afternoon, enacting his top legislative goal for his first months in office to deliver a fiscal jolt to the American economy.

Biden signed the legislation at just after 2pm on Thursday in the Oval Office, a day earlier than previously announced.

Biden’s signature, just a day after the House of Representatives voted to pass the final version of the legislation in Congress, allows the US administration to rapidly implement the bill over the coming weeks.

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