Vidostream | News, sport and opinion from the Vidostream's US Edition

https://vidostream.com

Congress Reaches Deal on Virus Aid

The agreement is expected to provide a $600 direct check to many Americans, $300 a week in enhanced federal unemployment benefits, and aid for schools, vaccine distribution and small businesses.

Senate Majority Leader Mitch McConnell said all outstanding issues regarding the coronavirus relief package had been settled. PHOTO: MICHAEL REYNOLDS/SHUTTERSTOCK

Senate Majority Leader Mitch McConnell said all outstanding issues regarding the coronavirus relief package had been settled. PHOTO: MICHAEL REYNOLDS/SHUTTERSTOCK

WASHINGTON—Lawmakers reached a final agreement on the roughly $900 billion coronavirus relief package, moving Congress closer to approval of a fresh infusion of aid to households, small businesses and schools after months of gridlock.

The emerging agreement is expected to provide a $600 direct check to many Americans, $300 a week in enhanced federal unemployment benefits, and aid for schools, vaccine distribution and small businesses.

Negotiators on Sunday had been finalizing details for the rest of the bill after settling a disagreement on the Federal Reserve’s emergency lending powers earlier in the weekend. Senate Majority Leader Mitch McConnell (R., Ky.) on Sunday afternoon said all outstanding issues were settled.


TO READ THE FULL STORY

Source: WSJ:

We are using cookies to give you the best experience on our website. By continuing to browse, you are agreeing to our Cookie Policy.
You did not use the site, Click here to remain logged. Timeout: 60 second