Congress Reaches $ 900 Billion Kovid-19 Relief Package

WASHINGTON – After months of deadlock, Congress struck a deal on the nearly $ 900 billion Kovid-19 relief package, which includes a new round of direct payments and help for unemployed Americans, families and businesses struggling in the epidemic.

“More help is on the way,” Senate Majority Leader Mitch McConnell, R-Q. Said on the Senate floor on Sunday evening. “Moments ago, in consultation with our committees, the four leaders of the Senate and the House finalized an agreement.”

The agreement includes more incentive checks, a federal unemployment insurance bonus, more money for rent and workers struggling for labor, and vaccine distribution funds.

MPs are expected to vote on the package starting on Sunday or Monday.

The measure is designed as an emergency bridge through the first quarter of 2021. President-elect Joe Biden and leaders of both parties have said they intend to reissue the Kovid-19 relief in the new year.

The law was expected to be linked to a $ 1.4 trillion government funding bill, but the clock is ticking: Congress on Friday approved a two-day extension to prevent a shutdown, allowing negotiators to finalize the deal Got weekends to form or face another rock. If the big bill does not pass by midnight, MPs will have to take another temporary measure.

The negotiations fit in and come months after the unsuccessful negotiations began, including various provisions of the CARES Act including a $ 600 per week federal unemployment bonus aggravating the suffering of millions of Americans around the country who struggled to make . ends meet.

The agreement was expected to be reached in the first week, but a street clash occurred after some Republicans, led by Sen. Pat Tommy, R-Pa., Demanded an end to Federal Reserve officials on emergency lending. Democrats pushed back, accusing them of seeking to sabotage the economy under the BOP. Senior lawmakers settled on the issue late Saturday night.

There was a long-standing dispute between the two sides over the price tag and policy, but in recent weeks negotiations were initiated by a bipartisan group of moderate senators and House members, known as the Problem Solvers Caucus, who quietly A viable framework for initiating informal discussion.

Their negotiations resulted in a $ 748 billion settlement that became the basis for negotiations between McConnell, House Speaker Nancy Pelosi, D-California, Senate Minority Leader Chuck Schumer, DN.Y., and House Minority Leader Kevin McCarthy, R- Gone. California, as well as the Trump administration.

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