1.9 trillion aid passes Senate Joe Biden gets his victory who really wins/loses

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1.9 trillion dollars passes the Senate and Joe Biden gets his victory but who really wins and losses

WASHINGTON — President Joe Biden won preliminary approval Saturday of his $1.9 trillion COVID-19 relief bill after a bleary-eyed Senate voted 50-49 for the package along party lines, capping more than 27 hours of debate and giving Biden his first major legislative victory.  

Components of the bill are: 

► Provides most Americans earning up to $75,000 a $1,400 stimulus check.  

► Extends a $300 weekly federal boost to unemployment benefits through August 

► Sends $350 billion to state and local governments whose revenue has declined because of COVID-19's impact on the economy.

► Allocates $130 billion to help fully reopen schools and colleges.

► Allots $30 billion to help renters and landlords weather economic losses. 

► Devotes $50 billion for small-business assistance. 

► Dedicates $160 billion for vaccine development, distribution and related needs. 

► Expands the child tax credit up to $3,600 per child.