Monday, December 21, 2020

What’s in the $900 billion coronavirus relief deal Congress just brokered

Senate Majority Leader Mitch McConnell announced Sunday evening a final deal on a long-awaited COVID-19 relief and stimulus package totaling about $900 billion.

Business relief: The bill includes more than $284 billion for more forgiveable Paycheck Protection Program loans.

COVID vaccine assistance: The bill sets aside $48 billion for COVID health care needs, including $20 billion to make vaccines available for free to those who need it.

Entertainment industry aid: The legislation will provide $15 billion for independent movie theaters and cultural institutions.

Rent Assistance: The deal provides $25 billion in emergency assistance to renters.

Education funding: There is $82 billion set aside for colleges and schools to fund AC and heating repair and retrofitting to reduce coronavirus risks and reopen classrooms.

The deal provides $10 billion for child care assistance.

https://justthenews.com/politics-policy/coronavirus/whats-900-billion-coronavirus-relief-deal-congress-just-brokered 

No comments: