Small Business Stimulus Package House Vote
The house approved the 900 billion stimulus agreement sending it to a vote in the senate.
Small business stimulus package house vote. The legislation approved 388 5 would restart a small business loan program that was swamped by demand and allocate more money for health care providers and virus testing. In a 214 207 vote the house of representatives passed the latest version of the heroes act today. The house approved the package in a 359 53 vote.
The total bill is worth more than 2 3 trillion including support for small businesses impacted by the pandemic 600 payments for most. The legislation sets aside 284 billion towards forgivable small business loans under a new iteration of the paycheck protection program. The package contains 600 stimulus checks and 300 federal weekly unemployment benefits among other.
The vote was historic. Washington cnn the house of representatives voted thursday to approve a roughly 480 billion package to deliver aid to small businesses and hospitals and expand covid 19 testing the latest. The house passed the legislation earlier monday night.
The senate then passed it by a 92 6 margin. This was the 2 2 trillion package that the released earlier this week that included a 1 200. 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 six gop senators who voted against the bill were marsha blackburn of tennessee ted cruz of texas. Lawmakers have agreed on a 900 billion covid stimulus package december 21 2020.