President Biden Gets Turned Into ‘Moneybagg Joe’ Meme After Signing Covid-19 Relief Bill That Includes $1,400 Stimulus

It seems like people are pretty hyped up about receiving their stimulus money.

On Thursday afternoon, President Joe Biden decided to sign the Coronavirus relief bill a day earlier than expected.

Via CNBC

President Joe Biden signed the $1.9 trillion coronavirus relief package Thursday afternoon as Washington moves to send fresh aid this month.

With his signature, the president checks off his first priority in the White House. He also will give a prime-time address Thursday describing how the country will proceed in fighting the virus a year after the World Health Organization declared it a pandemic.

The plan will send direct payments of up to $1,400 to most Americans. Direct deposits will start hitting Americans’ bank accounts as soon as this weekend, White House press secretary Jen Psaki said Thursday.

The bill will also extend a $300 per week unemployment insurance boost until Sept. 6 and expand the child tax credit for a year. It will also put nearly $20 billion into Covid-19 vaccinations, $25 billion into rental and utility assistance, and $350 billion into state, local and tribal relief

Immediately after Biden signed the bill “Moneybagg Joe”, which is a reference to rapper Moneybagg Yo, quickly started trending on social media.