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President Biden blessed the plan to lower the income cap for Americans receiving checks of up to $1,400, a crucial concession to moderates whose backing is needed to pass the bill.

The House passed a budget blueprint to allow the president’s $1.9 trillion plan to speed through Congress without Republican backing. But President Biden said he was open to negotiating the details.

Janet L. Yellen, who received bipartisan support, now faces a big challenge in confronting an economic threat that has caused financial hardship for millions of Americans.