A majority of members in both the U.S. House and the U.S. Senate have voted for a bill that provides $900 Billion in stimulus to help during the COVID-19 crisis, extends government operations through September, 2021, and provides a number of tax breaks, according to the Washington Post.
The bill, more than 5,000 pages, now goes to President Donald Trump for signature.
Earlier today, U.S. Sen Brian Schtz provided information on provisions in the bill that relate to COVID-19 relief, including a $600 payment for most people, if they earn less than $75,000 a year as individuals ot $150,000 if married, plus $600 for each child. Treasury Secretary Steve Mnuchin said those payments should begin early next week.
The bill will provide for an additional $300 in unemployment checks, and provide another round in the Paycheck Protection Program. Click here for a link to additional detail on the COVID-19 relief provisions.
One thing the bill does not provide for is assistance for state and county governments, something the Democratic members of Congress wanted but gave up in order to reach a compromise.
Photo is U.S. Congress Building.
