Global geopolitical trends we’re tracking this week:
Americas
Biden’s stimulus package sees the light at the end of the tunnel
President Biden’s $1.9 billion stimulus package received Senate approval over the weekend. The bill squeezed through only after a series of last-minute amendments, some of which were insisted on by members of the Democratic Party’s own caucus.
Here’s what made it into the final draft:
- Individual stimulus cheques of $1,400.
- Weekly boost in unemployment payments.
- $350 billion in aid to states and local governments.
- $20 billion in low-income housing assistance.
- $130 billion in education funding.
