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New stimulus package: What can be included and cut? Where it says today



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The conversations about a second stimulus control are full steam ahead – or is it? Here is the latest status update.

Angela Lang / CNET

If you’re having a hard time keeping track of stimulus calls this week in Washington, you’re in good company.

“The day-to-day discussion can be confusing for all of us to follow,” Senate Majority Leader Mitch McConnell said on Thursday after a new turn by President Donald Trump on a comprehensive stimulus bill designed for bring a $ 1,200 stimulus check, help for tens of millions unemployed Americans and assistance to large and small companies, including the aviation industry.

Trump – who continues to be treated for COVID-19 – has bounced around the need for additional stimulus support, from tweeting strong support on Saturday for a rescue proposal, to completely interrupting negotiations, to calling for independent bills, to – obviously – supporting a comprehensive package again. The effects of the steroid dexamethasone as part of Trump’s treatment has been questioned in relation to his shifted stance on stimulus relief.

Trump’s latest support for dealers to make a deal smiles across the water over what could or could not be included in a final bill – either stand-alone, skinny or full-coverage.

Read on to learn the suggested benefits can become law before or after November 3 election. Read more at the best things to know about stimulus checks and how stimulus controls and taxes are intertwined. This story is updated frequently.

The second stimulus check of up to $ 1,200 is constant

Prior to the recent ping-pong statements, Democratic and Republican lawmakers had decided on the need for a second direct payment of up to $ 1200 per qualified American adult.

The house even approved a bill on October 1st – which Democrats called an “updated version of the Hero Act” (PDF) – which contains similar provisions for stimulus checks as March CARES Act and expands who counts as an addict. That would add another $ 500 any person that the taxpayer can claim as a maintenance creditor, no matter the age. (Find out how old do you have to be to qualify for your own check.)

Mnuchin has used the $ 50 billion $ Solvers proposal as a starting point for his deal. Then Lindsey Graham tweeted support for Problem Solver’s proposal on Wednesday.






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Support to the aviation industry to prevent redundancies

With the division of the talks, the airlines are threatening to lay off thousands of workers. The new housing proposal (which again is not legal) would have extended the wage support program to the aviation industry to prevent mass redundancies. American Airlines and United Airlines continued on October 1 to 32,000 employees when the assistance ended. As part of their talks, Pelosi and Mnuchin continue to work with financial support to the airlines.

Improved unemployment to support millions of unemployed

An interim measure for the federal government to fund $ 300 a week improved unemployment pay was scheduled to run six weeks and has already been completed in some states.

An important dispute in the talks, the Democrats want a new bill to provide $ 600 per week in addition to the state benefit, just as the CARES law did in March. Republicans want to reduce the amount to $ 300. The problem-solving proposal puts the figure at $ 450 for eight weeks, with an increase afterwards. The new house bill would provide $ 600 for unemployment benefits through January 2021.

Wage protection programs to strengthen small businesses

The purpose of helping employers keep workers on the payroll provides the wage protection program in the CARES Act with forgivable loans to small businesses as an incentive to keep employees on the payroll – people who would otherwise have lost their jobs during the pandemic. According to the revised Heroes’ Act, the plan would cover the restaurant industry, independent operators of venues and the aviation industry.

Tax deductions for employees to help companies keep staff

A program administered by the IRS already exists to give employers a tax break to keep employees on pay, until the end of 2020. The new housing proposal would have renewed tax breaks to encourage employers to keep workers on pay.

$ 100 bills

Improved unemployment benefits are already ending in many states, which means that people are anxiously awaiting a new aid package that includes more funding for the program.

James Martin / CNET

Extended ban on deportation and potential rent support

The Centers for Disease Control and Prevention used an obscure health law to cancel expulsions until 13 December, as long as the tenants fill in the necessary paperwork.

Without exclusion protection, it is estimated that up to 40 million people over 17 million households could lose their homes if the economy does not recover before the last protection expires. The new housing proposal includes protection against deportation and financial support for homeowners to compensate for reductions in rent payments.

Protection for companies from certain coronavirus lawsuits

Liability protection is high on the agenda of Republican lawmakers. Introduced in Republican HEALS Act proposal, the measure would set a limit on lawsuits against employers, schools and caregivers in connection with coronavirus exposure, with the exception of gross negligence.

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With submission votes expected to rise this election year, the USPS will feel a greater burden with fewer resources.

Sarah Tew / CNET

Money to help the USPS manage the election period

Both Democrats and Republicans have advanced bills with an eye to help fund a US Postal Service in crisis ahead of an election in which up to 80 million people are expected to do so vote by mail. The new housing proposal includes additional funding for the USPS. The House of Representatives earlier approved a USPS account it was not picked up by the senate. The Senate’s ‘lean’ bill did not clear the House.

Support for election security

The pandemic is expected to create a sharp increase in postal votes during the November 3 US presidential election and many have expressed concern about how the USPS will handle this. The government have not seen evidence of a concerted attempt to commit fraud with posts. But the new bill comes with funding to ensure the security of the election.

Funding for schools to fight coronavirus on school campus

Funding to pay for hygiene protocols, testing and other accommodation during the coronavirus pandemic are top priorities on both sides at a time to mitigate the spread of the virus among students and teachers. The new house bill contains money especially for schools.

When some schools opened until August, data from the American Academy of Pediatrics and the Children’s Hospital Association show a 14% increase in cases among children in the previous two weeks, from 10 September to 24 September.




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