A simple way to understand the 1.9 trillion COVID-19 American Rescue Plan that Congress has approved.

Stimulus Payments for Adults and Their Dependents. $80,000 Max Income for Individuals and $160,000 for Married Couples to Receive Stimulus
Total Cost of Stimulus Checks
Child Tax Credit Per Year for Each Child Under Age 6 (Possibly Sent as $300 Monthly Payments from July to December 2021)
Child Tax Credit Per Year for Each Child Between 6 and 17 (Possibly Sent as $250 Monthly Payments from July to December 2021)
In Unemployment Received in 2020 is Nontaxable 
Per Week Unemployment Benefit Until September 6th
In Stimulus For State and Local Governments. Roughly $7 Billion Per State.
For Vaccines, Vaccine Distribution, and Expansion of Testing to Address the Pandemic.
For Colleges and Universities Due to Their Revenue Losses During the Pandemic
In Aid to Elementary and High Schools to Help Them Reopen Safely

‌ View more info about the bill at: https://www.ncsl.org/ncsl-in-dc/publications-and-resources/covid-19-economic-relief-bill-stimulus.aspx