Congress seals agreement on $900 billion Covid relief bill

Congress seals agreement on $900 billion COVID relief bill
Mitch McConnell said: “There will be another major rescue package for the American people.” Source: AP
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Daily US Times: On Sunday, top negotiators in Capitol Hill sealed a deal on $900 billion Covid relief bill, finally delivering long-overdue help to individuals and businesses and providing money to deliver vaccines to a nation eager for them.

The agreement was announced by congressional leaders on Sunday and it would establish a 600 dollars direct stimulus payment to most Americans and a temporary 300 dollas per week supplemental jobless benefit, along with a new round of subsidies for health care providers, hard-hit businesses, schools and renters facing eviction.

The Covid relief bill came after months of posturing and battling, but the negotiating dynamic changed in Republicans’ favor after the November 3 general election and as the end of the congressional session neared. Joe Biden, the president-elect who will take oath to the office on January 20, was eager for a deal to deliver long-awaited help to suffering people and a boost to the economy, even though it was less than half the size that Democrats wanted this fall.

House leaders informed lawmakers that they would vote on the legislation on Monday, and in the same day the Senate was likely to vote too. Lawmakers were very eager to leave Washington and close out a tumultuous year of pandemic.

Mitch McConnell, Senate Majority Leader, said: “There will be another major rescue package for the American people.”

“It is packed with targeted policies to help struggling Americans who have already waited too long,” Mr McConnel said while announcing the agreement for a relief bill that would total almost $900 billion.

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