Washington D.C (GNB): After months of partisan squabbling, U.S. congressional leaders have reached an agreement Sunday on a nearly $900 billion COVID-19 relief package.
The agreement, announced by congressional leaders, would establish a temporary supplemental jobless benefit and direct stimulus payment to most Americans, along with a new round of subsidies for hard-hit businesses and money for schools, health care providers and renters facing eviction.
The agreement includes stimulus checks of up to $600 per person based on income, a federal unemployment insurance bonus of $300 per week, over $284 billion more in loans for businesses struggling to pay rent and workers, vaccine distribution funds, and $82 billion in funding for colleges and schools. It also includes the Democrats’ priority of $25 billion in rental assistance and an extension of the eviction moratorium.
House leaders informed lawmakers that they would vote on the legislation on Monday, and the Senate was likely to vote on Monday, too. Lawmakers were eager to leave Washington and close out a tumultuous year. The package, which must be signed into law by President Donald Trump.
Source: News Agencies
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