It took most of the weekend, but Congress reached a deal Sunday on a coronavirus relief package totaling about $900 billion in aid that will come in the form of $600 stimulus checks for most Americans, $300 weekly supplemental payments for people on unemployment, and more than $284 billion for businesses that have been ravaged by the economic downturn caused by state governor’s shutdowns in a revival of the Payment Protection Program. “More help is on the way,” Senate Majority Leader Mitch McConnell said Sunday, announcing the agreement that had been reached.
Democratic lawmakers also basked in the glory of coming through with this new deal. “Today, we have reached 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,” Senate Minority Leader Chuck Shumer and House Speaker Nancy Pelosi said in a joint statement.
According to McConnell, as long as lawmakers can avoid any last-minute obstacles on the deal, it will be signed, sealed and delivered. “President Trump has pushed hard for months to send Americans badly needed financial relief. We look forward to Congress sending a bill to his desk imminently for signature,” Special Assistant to the President Ben Williamson said in a statement.
Also included in the relief package is $25 billion in rental assistance,$15 billion for theaters and live venues, $82 billion for local schools, colleges, and universities, and $10 billion for child care.