Back to All NewsCongress Reaches Deal on $900-billion COVID-19 Relief Package
Posted By American Med Spa Association, Monday, December 21, 2020
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After months of stalemate, Congress has struck a deal on nearly $900 billion in COVID-19 relief, including a new round of direct payments and help for jobless Americans, families and businesses struggling in the pandemic.
The agreement includes stimulus checks of up to $600 per person for individuals earning $75,000 per year and $600 for their children—the same requirements as the first round of stimulus checks.
It provides relief for the jobless, including an extension of unemployment insurance and a federal unemployment insurance bonus of $300 per week, over $284 billion more in loans for businesses struggling to pay rent and workers, $69 billion in testing and vaccine distribution funds and $82 billion in funding for colleges and schools.
Read more at NBC News >>
The agreement includes stimulus checks of up to $600 per person for individuals earning $75,000 per year and $600 for their children—the same requirements as the first round of stimulus checks.
It provides relief for the jobless, including an extension of unemployment insurance and a federal unemployment insurance bonus of $300 per week, over $284 billion more in loans for businesses struggling to pay rent and workers, $69 billion in testing and vaccine distribution funds and $82 billion in funding for colleges and schools.
Read more at NBC News >>
