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Sunday, December 20, 2020

COVID relief deal agreed for $900B, McConnell says

 

  • Senate Majority Leader Mitch McConnell says that a deal for nearly $900B in COVID relief funds has been reached by both parties.
  • The deal includes $600 in stimulus checks, jobless benefits of $300 per week and more small-business funding for the Paycheck Protection Program.
  • Votes for the plan are set for Monday, Bloomberg reports.
  • "Moments ago in consultation with our committees, the four leaders of the Senate and the House finalized an agreement,” McConnell said on the Senate floor.
  • House Speaker Nancy Pelosi says the deal will take "some time to write up."
  • https://seekingalpha.com/news/3646036-covid-relief-deal-agreed-for-900b-mcconnell-says

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