Senate approves third stimulus round, sends bill back to House for approval

Relief could be coming quicker than expected. The American Rescue Plan Act of 2021 has cleared the Senate and is heading back to the House for a final approval.

"We expect the House to vote on its final passage this week for President Biden’s signature before previous aid expires," Gov. Lou Leon Guerrero said. "The additional aid to families and small businesses will help Guam move from crisis response to economic recovery. The bill amended by the Senate will provide direct payments to individuals, extended weekly emergency unemployment checks, long-term low-interest loans for small businesses, and more funds in rental, utility, and mortgage relief.” 

The third round of stimulus worth $1.9 trillion could bring $1,400 checks to many Americans as well as additional child tax credits.