How close is Washington to a new economic relief holiday after weeks ofon Capitol Hill? There is certainly hope, with Parliament Speaker Nancy Pelosi planning to hold the House of Representatives in session until lawmakers reach an agreement, and President Donald Trump on Wednesday urges Republican stops to accept a larger bill.
“Some Republicans do not agree, but I think I can convince them to agree,” Trump said. “I think it will happen. It is very important.”
Another potential impact on resume calls is a $ 2 trillion proposal released Tuesday from House Problem Solvers Caucus that draws ideas fromto create a framework for renewed negotiations. It includes one , further and small business support.
When and if a new coronavirus kit has been signed into law – either before or after– here are all the financing parts that it can contain that can benefit the economy and you. And here it is . This story is updated frequently.
As much as $ 1,200 each in a second stimulus check
The fate of oneis currently bound by package negotiations, although it is also suggested that President Donald Trump could sign an executive measure to lead more aid to the economy, possibly including an additional direct payment.
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Improved unemployment benefits for millions of jobseekers
An interim measure for the federal government to fund $ 300 a weeklasts only six weeks and ends already in some states.
An important dispute in the debate, the Democrats want a new bill to provide $ 600 per week in addition to the state benefit just asdid in March. Republicans want to reduce the figure to $ 300. The problem-solving proposal puts the figure at $ 450 for eight weeks, with an increase afterwards.
Money for schools to fight coronavirus on 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.
When some schools opened until August, data from the American Academy of Pediatrics and the Children’s Hospital Association show an increase of 16% in cases among children, from August 20 to September 3.
Tax deductions for employees to help companies retain staff
There is already a program administered by the IRS that aims to give employers a tax break to keep employees on pay until the end of 2020. A new bill could extend or improve the program until 2021.
Wage protection programs to help small businesses
The purpose of helping you keep your job is to offer the paycheck program lucrative loans to small businesses as an incentive to keep employees on the payroll – people who might otherwise have lost their jobs during the pandemic.
Extended ban on deportation and potential rent support
The Centers for Disease Control and Prevention used an obscure health law to, 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.
Funding to assist the USPS in meeting the election period
Both Democrats and Republicans have advanced bills with an eye to fund aahead of an election in which up to 80 million people are expected to do so .
Thebut has not been picked up by the Senate. The Senate’s ‘lean’ bill did not clear the House.
Protection for companies from certain lawsuits against coronavirus
Liability protection is high on the agenda of Republican lawmakers. Introduced in, the measure would set a limit on lawsuits against employers, schools and caregivers in connection with coronavirus exposure, with the exception of gross negligence.
With the stimulus bill still uncertain, stay tuned for the most up-to-date news. You can also brush on the ins and outs of and learn how in a .