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Photo: Chip Somodevilla/Getty Images

President Biden's $1.9 trillion COVID-19 relief package will give the poorest 20% of Americans a 20% boost in income, according to an analysis by the non-partisan Urban-Brookings Tax Policy Center.

Why it matters: Biden and Democrats have touted the "American Rescue Plan" as one of the most impactful anti-poverty bills of this era. Sen. Bernie Sanders (I-Vt.) dubbed it "the most significant piece of legislation to benefit working people in the modern history of this country."

Details: The legislation would lower federal taxes in 2021 by an average of $3,000, while raising net incomes by some 3.8%, per the analysis.

  • Families with children would see their taxes cut by an average of more than $6,000.
  • On a national scale, the relief package would cut taxes by some $467 billion in 2021, and about $590 billion over 10 years.

The big picture: "Simply in terms of whose taxes are cut, the bill is in stark contrast to the 2017 Tax Cuts and Jobs Act" writes Urban Tax Policy Center fellow Howard Gleckman.

  • People making $91,000 or less would get nearly 70% of the tax benefits from the package, Gleckman writes. The Republicans' 2017 bill signed by former President Trump saw nearly half of its tax cuts go toward people in the top 5% of income earners.

What to watch: The House plans to vote on the Senate's version of the bill on Wednesday, sending it to Biden's desk for a signature before key unemployment benefits expire on March 14.

Go deeper

Updated 5 hours ago - World

Death toll mounts as fighting between Israel and Hamas intensifies

Palestinian Muslims exchange wishes for Eid al-Fitr, marking the end of the holy month of Ramadan, near a razed building in the northern Gaza Strip town of Beit Lahia, on May 13. Photo: Majdi Fathi/NurPhoto via Getty Images

At least 109 Palestinians and seven people in Israel have been killed since recent fighting between Israel's military and Hamas began Monday.

The big picture: Israel began massing troops on its border with Gaza on Thursday, launching attacks from the air and ground as Hamas continued to fire rockets into Israel.

By the numbers: Where the earmarks are wanted

Expand chart
Data: House Committee on Appropriations; Chart: Danielle Alberti/Axios

The Dallas-Fort Worth area is being targeted for the largest collective earmark request in the country, according to a detailed breakdown of overall requests released by the House Appropriations Committee.

Why it matters: House appropriators are trying to balance bipartisan momentum for infrastructure investment with "pork-barrel" spending's checkered political history. The data dump is an effort to provide transparency for what are now termed "community project funding" requests.

Democrats open to user fees for infrastructure deal

President Biden sits Thursday with Sen. Shelley Moore Capito (R-W.Va.) as they discuss his $2.3 trillion infrastructure proposal. Photo: T.J. Kirkpatrick/The New York Times/Bloomberg via Getty Images

Some Senate Democrats are open to paying for a compromise infrastructure package by imposing user fees, including increasing the gas tax and raising money from electric car drivers through a vehicle-miles-traveled charge.

Why it matters: By inching toward the Republican position on pay-fors, some Democrats are bucking President Biden's push to offset his proposed $2.3 trillion plan by focusing only on raising taxes on corporations and the wealthy.