Congress Reaches A Deal On $900 Billion Relief Package

December 21, 2020 4:22 am

WASHINGTON (AP) – Top negotiators in Congress have sealed a deal on $900 billion COVID-19 economic relief package. Lawmakers announced the agreement Sunday after days of negotiations, and passage by Congress is expected Monday. The agreement would establish a temporary $300 per week supplemental jobless benefits and $600 direct stimulus payments to most Americans, along with a fresh round of subsidies for hard-hit businesses and funding for schools, health care providers, and renters facing eviction. The final agreement was reached after a breakthrough over Federal Reserve emergency powers was resolved by the Senate’s top Democrat and a senior conservative Republican.