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Congress reached a deal Sunday on a $900 billion coronavirus relief package, according to Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer.
Lawmakers will move to vote on the proposal, along with a full-year government spending bill, as soon as Sunday night. Millions of Americans have awaited aid for months as Congress failed to agree on another plan to boost a health-care system and economy buckling under the weight of the pandemic.
The agreement includes stimulus checks of up to $600 per person based on income, a federal unemployment insurance bonus of $300 per week, over $284 billion more in loans for businesses struggling to pay rent and workers, vaccine distribution funds, and $82 billion in funding for colleges and schools. It also includes the Democrats’ priority of $25 billion in rental assistance and an extension of the eviction moratorium.
House Speaker Nancy Pelosi (D-CA) and Senate Democratic Leader Chuck Schumer (D-NY) issued the following statement after reaching an agreement on coronavirus relief and omnibus package:
Senate Majority Leader Mitch McConnell issued the following statement:
“Today, we have reached an agreement with Republicans and the White House on an emergency coronavirus relief and omnibus package that delivers urgently needed funds to save the lives and livelihoods of the American people as the virus accelerates. We are going to crush the virus and put money in the pockets of the American people.”
“There will be another major rescue package for the American people. As our citizens continue battling the coronavirus this holiday season, they will not be fighting alone.
“We’ve agreed to a package of nearly $900 billion. It is packed with targeted policies to help struggling Americans who have already waited too long. For workers at the hardest-hit small businesses, there will be a targeted second draw of the Paycheck Protection Program. We have not worked so hard to save as many jobs as possible, all these months, only to fumble the ball with vaccinations already underway.”
