Monday 21 December 2020

Stimulus check

 COVID-19 relief package: $600 stimulus checks, $300 bonus for federal unemployment benefits in new deal

Lawmakers struck a nearly $900 billion COVID-19 stimulus deal Sunday that includes another round of stimulus checks and badly needed jobless benefits for struggling Americans, ending a long standoff in Washington with one of the biggest rescue bills in U.S. history.

After months of impasse, negotiations came down to the wire as 12 million people are set to lose unemployment benefits the day after Christmas. The deal includes restarting a $300 boost to the federal unemployment insurance benefit, extending eviction moratoriums for renters for an unspecified amount of time and a $600 direct payment to most Americans. 

The measure will be tied to a $1.4 trillion must-pass spending bill that will fund federal agencies and programs through Sept. 30, the end of the fiscal year.

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