In a new twist on the saga over an interview with CNBC. The House was otherwise supposed to recess on Oct. 2., Speaker of the House Nancy Pelosi says she’ll keep the House of Representatives in session until it reaches an agreement on a relief package, according to
Pelosi’s comments come after The House Problem Solvers Caucus assembled an approximately $2 trillion plan that includes a , and small business loans. The centrist, bipartisan group says the funding would last until spring at least, though it’s regarded as a last-ditch effort to push through some relief.
One thing government leaders and lawmakers do agree on is the need for more relief aid to address pressing concerns created by the.
When and if a new coronavirus relief package is signed into law — whether before or after the six top things to know about stimulus checks. This story updates often.— here are all the ways it could benefit the economy, and you. Here are
That second stimulus check for as much as $1,200 apiece
The fate of a sign an executive action to funnel more aid into the economy, potentially including another direct payment.is currently tied up with package negotiations, though it’s also been suggested that President Donald Trump could
Learn more about:
Enhanced unemployment pay for millions out of work
A stop-gap measure for the federal government to fund $300 a week inonly lasts six weeks and is already ending in some states.
A major point of contention in the debate, Democrats want a new bill to provide $600 per week on top of states’ benefit just like thedid in March. Republicans want to slim the figure to $300.
Money for schools to battle the spread of COVID-19 on campus
Funding to pay for hygiene protocols, testing and other accommodations during the coronavirus pandemic are top priorities on both sides of the aisle to help mitigate the virus’ spread among students and faculty.
As some schools opened through August, data from the American Academy of Pediatrics and the Children’s Hospital Association shows a 16% increases in cases among children, from Aug. 20 to Sept. 3.
Employee tax credits to help businesses hang onto staff
A program administered by the IRS already exists designed to give employers a tax break for keeping employees on the payroll, through the end of 2020. A new bill could extend or enhance the program into 2021.
Payroll Protection Program to help small businesses stay open
Intended to help you retain your job, the Paycheck Protection Program provides forgivable loans to small businesses as an incentive to keep employees on the payroll — people who might have otherwise have lost their jobs during the pandemic.
Eviction moratorium and potential rental assistance
The Centers for Disease Control and Prevention used an obscure health law to, as long as renters complete the necessary paperwork.
Without eviction protections, it’s been estimated that up to 40 million people across 17 million households could lose their homes if the economy doesn’t recover before the latest protections lapse.
Funding to help the US Postal Service cope with election season
Both Democrats and Republicans have advanced bills with an eye to help fund a up to 80 million people are expected to .ahead of an election in which
Protection for businesses from future coronavirus lawsuits
Liability protection is high on the agenda for Republican lawmakers. Introduced in the place a limit on lawsuits levied against employers, schools and health care providers in relation to coronavirus exposure, with exceptions made for gross negligence., the measure would
With the stimulus bill still undecided, follow along for the most up-to-date news on. You can also brush up on the ins and outs of and learn how the in a .