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“More Help is on the Way”
Congress has reached a stimulus deal to provide another $900 billion in aid. Will it be enough to save Christmas?
On Sunday, Democrat and Republican Congressional leaders finally reached an agreement on a $900 billion dollar stimulus package, about half the size of the $2.2 trillion stimulus package Congress passed in March. This package will provide direct payments to Americans, jobless benefits for the unemployed, funds for businesses and funds for vaccine distribution.
“For the information of all Senators and more importantly for the American people, we can finally report what our nation has needed to hear for a very long time,” said Senate Majority Leader Mitch McConnell on Sunday night. “More help is on the way.”
“Moments ago, in consultation with our committees, the four leaders of the Senate and the House finalized an agreement. It will be another major rescue package for the American people,” McConnell added.
The agreement includes stimulus payment checks of up to $600 for Americans earning $75,000 per year and $600 for their children. It is also expected to include unemployment benefits at $300 a week for 11 weeks, and will provide an additional $25 billion in rental assistance and $13 billion in nutrition assistance.