Not Much COVID Relief Movement from Congress
Congress passed the $2.2
trillion CARES Act in the spring. Nine months later, signs point to new $900
billion bill expected to pass before Christmas. News from Washington D.C. says
the political landscape could have this being the last one with little appetite
by Republicans to support another relief package.
The details and politics have
been fluid for weeks, however, broad aspects of the plan under consideration are
expected to include:
·
$250
billion for another round of Paycheck Protection Program small-business loans
·
$150
billion in direct stimulus checks,
·
16
weeks of $300-per-week supplemental federal unemployment assistance
·
Funds
for vaccine distribution, contact tracing and to help schools and colleges
reopen
·
PPE
for health care providers
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