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New Perspectives Blog


Education and insight on financial markets, economic environments, and investing principles all things financial markets.

American Rescue Plan Act of 2021

After a long and strenuous Senate session Friday night and after several amendments, the newest COVID relief stimulus package, this time valued at $1.9T, passed with a 50-49 vote early Saturday morning, March 6th. Senate Democrats used the reconciliation process, which allows budget-related bills to pass with a simple majority rather than the 60 votes typically needed, to pass the bill.

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