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  • As per the new IRS data, some wealthy Americans, who were not supposed to receive the money, got the checks
  • For people with an adjusted gross income above $200,000, a total of 127,751 checks were sent out
  • The payments included up to $1,400 per adult and $1,400 per child or adult dependent

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The plan will boost research and clinical testing of various viruses. (Photo Credit: Representative Image/Unsplash)

  • The funding for the programme comes from the American Rescue Plan
  • It aims to accelerate clinical testing for oral antiviral pills
  • Antiviral medication can act as a line of defense against the emerging variants of COVID

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Treasury Secretary Janet Yellen. (Photo Credit: AFP File)

  • The aid is part of President Joe Biden's $1.9 trillion American Rescue Plan
  • Janet Yellen said the aid corrects the policy mistakes during 2008 financial crisis
  • Treasury officials told reporters the funds cannot be used to invest in pension funds

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US President Joe Biden took office on January 20, 2021. (Photo Credit: Twitter/@

  • Joe Biden is set to unveil his American Families Plan and American Jobs Plan today
  • The announcement today could also include ending tax cuts
  • The jobs plan, Biden had said, will invest about $2 trillion over the next eight years

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President Biden announced the US has crossed 200 million COVID-19 vaccines. (Photo Credit: AP/PTI)

  • "No working American should lose a single dollar from their paycheck," President Biden said
  • Biden announced a program to reimburse firms giving employees off
  • Biden said further instructions will be posted by the Internal Revenue System

Joe Biden had signed the $1.9 trillion economic stimulus package to help revive the US economy affected by the COVID-19 pandemic. (Photo Credit: Facebook Screengrab/The White House)

  • Ohio Attorney General Dave Yost argued that the government was seeking to "commandeer" state taxing authority
  • The lawsuit is the most serious legal salvo against the signature element of Biden's economic agenda
  • The case is reminiscent of challenges to the Affordable Care Act

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Alexandria Ocasio-Cortez is a democrat and New York representative. (Photo Credit: AFP)

  • New York representative Alexandria Ocasio-Cortez helped break down what’s actually in the bill in a video
  • She said that they did not get what they wanted but this bill will change people's lives
  • US Senateon Thursday passed another COVID stimulus package worth $1.9 trillion

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President Joe Biden was addressing an event at the White House's Rose Garden. (Photo Credit: AFP Photo)

  • Implementing the stimulus will "require fastidious oversight" President Biden said
  • Biden claimed the legislation was the biggest investment in childcare since World War II
  • Biden signed the $1.9 trillion into law yesterday

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Chuck Schumer expects a hearty debate. (Photo credit: Twitter/Chuck Schumer)

  • The House of Representatives approved the $1.9 trillion package designed to jumpstart the US economy
  • The version of the bill the Senate will debate will not include the latter section on increasing minimum wage
  • President called on Congress to quickly adopt the rest of the package