Close but not yet: Deal near on COVID-19 economic aid bill - News Summed Up

Close but not yet: Deal near on COVID-19 economic aid bill


WASHINGTON (AP) — Congressional negotiators closed in Wednesday on a $900 billion COVID-19 economic relief package that would deliver additional help to businesses, $300 per week jobless checks, and $600 stimulus payments to most Americans. But there was no deal quite yet. A hoped-for announcement Wednesday failed to materialize as lawmakers across the spectrum hammered out details of the sprawling legislation and top negotiators continued to trade offers. But lawmakers briefed on the outlines of the aid bill freely shared them. It's the first significant legislative response to the pandemic since the landmark CARES Act in March, which delivered $1.8 trillion in aid and more generous jobless benefits and direct payments to individuals.


Source: Daily Sun December 16, 2020 14:39 UTC



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