Print article Restaurants, concert venues and airplane manufacturers all stand to benefit from the $1.9 trillion coronavirus relief package the Senate just approved. They are among the few industries that won targeted help in the massive spending bill. Unlike its predecessor - the $2 trillion Cares Act, which proved a smorgasbord for corporate interests - the latest installment of federal aid focuses on funding state and local governments and schools and extra support for individuals. Lawmakers snubbed a wide array of businesses pleading for help from Washington. Gym operators and long-term senior care facilities are among those arguing Congress has left them facing further closures and layoffs even as the broader economic outlook brightens.
Restaurants, concert venues and airplane manufacturers all stand to benefit from the $1.9 trillion coronavirus relief package the Senate just approved.
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What’s in the $900 billion covid-19 relief bill
WASHINGTON, DC - DECEMBER 14: Sen. Maggie Hassan (D-NH) stands alongside a bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 14, 2020 in Washington, DC. Lawmakers from both chambers released a $908 billion package Monday, split into two bills. Tasos Katopodis/Getty Images/AFP
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Stimulus checks, jobless aid, PPP small-business loans among aid passed by Congress
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Congress passed a $900 billion Covid-19 aid bill that includes assistance for households and businesses, as well as funding for vaccine distribution and more. But the bill excluded the Republican priority of liability protections for businesses and other entities, and left out a pot for state and local funding desired by Democrats.