Stimulus Package For Dec 2020

The package sends direct stimulus payments of 600 to individuals half the amount provided in the first round of checks which went out in the spring.

Stimulus package for dec 2020. Text of the new 900 billion stimulus bill. The stimulus package includes another round of stimulus checks. 28 2020 at 12 58 a m.

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. The us capitol building on december 20 2020 in washington dc. Congress has given itself little choice but to immediately get to work on the next economic stimulus package as soon as president elect biden takes office first published on december 9 2020.

Eligible families will receive an additional. Congressional leaders on monday unveiled the text of a 900 billion fiscal stimulus package and a 1 4 trillion government funding deal that will deliver critical pandemic aid to millions of. But the week of delay caused a lapse in unemployment benefits for approximately 12 million people.

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. Here s what is in the package. The maximum limit for second draw loans is 2 million and the amount your business qualifies for will depend on your average monthly payroll in 2019.

Cnn congressional leaders on monday released the text of a far reaching 900. The development heads off a government shutdown. Lawmakers struck a nearly 900 billion covid 19 stimulus deal sunday that would deliver badly needed aid to millions.

Trump signed it after days of demanding changes to the stimulus package congress passed on december 21.