Economic Stimulus Package December 2020

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Economic stimulus package december 2020. Here s what is in the package. House passes economic stimulus package december 22 2020 3 28 am congress passed a 900 billion pandemic relief package monday night that would finally deliver long sought cash to businesses and. Lawmakers struck a nearly 900 billion covid 19 stimulus deal sunday that would deliver badly needed aid to millions.

The 900 billion measure will help millions of jobless workers by adding 11 weeks to the unemployment programs that are now set to expire by the end of december. Consequently the government had announced an economic stimulus package in 2003 amounting to rm7 3 billion to mitigate the impact of sars outbreak. We just got our hands on the text and we are combing through the document but here are some of the highlights.

The us capitol building on december 20 2020 in washington dc. The government just approved new stimulus checks as part of a new economic aid package. Utc president trump on sunday night signed a 900 billion stimulus bill into law avoiding a government shutdown after he demanded changes to the sprawling package and.

However the impact of covid 19 outbreak is expected to be more severe as the role of. Cnn congressional leaders on monday released the text of a far reaching 900 billion covid 19 relief package. President donald trump signed on sunday evening a 900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments.

The size of the benefit would be reduced for. Updated dec 30 2020 the economic relief package will issue payments of 600 and distribute a federal unemployment benefit of 300 for at least 10 weeks.