Biden announces $1,400 payments will begin this month

President BidenJoe BidenCDC working to tighten testing requirement for international travelers On The Money — Powell pivots as inflation rises Overnight Energy & Environment — Presented by ExxonMobil — Manchin seeks 'adjustments' to spending plan MORE on Saturday announced that the $1,400 coronavirus stimulus checks will begin being distributed in March.

The payments come after the Senate passed the nearly $1.9 trillion coronavirus relief bill Saturday in a 50-49 partisan vote. 

This is the first round of stimulus checks that will be given out under Biden. Former President TrumpDonald TrumpOmar, Muslim Democrats decry Islamophobia amid death threats On The Money — Powell pivots as inflation rises Trump cheers CNN's Cuomo suspension MORE passed two stimulus checks last year, one for $1,200 and another for $600.

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The payments will go to 85 percent of Americans, Reuters reported.

The $1.9 trillion bill was debated for weeks among senators, with provisions such as an increase to a $15 minimum wage being taken out in order to get the bill through.

“This plan puts us on a path to beating the virus. This plan gives those families who are struggling the most the help and the breathing room they need to get through this moment. This plan gives small businesses in this country a fighting chance to survive,” Biden said after the bill was passed.

This is the first major bill Democrats were able to push through after they won the House, Senate and White House during the 2020 elections. 

“It’s a good day today. When we took office 45 days ago, I promised the American people help was on the way. Today, I can say we’ve taken one more giant step forward in delivering on that promise that help is on the way,” Biden added.