In addition to the $1400 stimulus payments, here are few things that will impact most Americans:
- Federal unemployment benefits of $300 weekly are extended through September 6, 2021. These are on top of any state unemployment benefits. (If you set up direct deposit to Cash App, you’ll get payments like these up to 2 days earlier than with most banks.)
- Child Tax Credit increases to $3600 per child under age 6 and $3000 per child between 6 and 18
- More funding is approved for coronavirus testing, contact tracing, and vaccine distribution.
The bill also provides aid to state and local governments, grants for restaurants and bars that were impacted by the pandemic, food benefits for school-age children, emergency rental and mortgage assistance, and funds for schools and child care providers.