Explainer: Whatâs in the $900 billion US COVID-19 aid package?
The bill includes $166 billion in new direct payments of up to $600 per adult and child. The US Senate voted on a massive COVID-19 package. (Photo: Reuters)
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Updated: Dec 21, 2020, 09:33 AM IST
US congressional leaders said on Sunday (December 20) they had reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by the novel coronavirus pandemic, with votes likely on Monday (December 21).
Here’s what is in the package, according to a summary released by House of Representatives Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer, and interviews with several congressional aides who provided additional details:
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Nancy Pelosi holds a portfolio during an agreement of a COVID-19 aid package.
Washington:
US congressional leaders said on Sunday they had reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by the novel coronavirus pandemic, with votes likely on Monday.
Here s what is in the package, according to a summary released by House of Representatives Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer, and interviews with several congressional aides who provided additional details:
Cheques in the mail: The bill includes $166 billion in new direct payments of up to $600 per adult and child, for individuals making up to $75,000 a year and $1,200 for couples making up to $150,000 a year. The bill expands direct payments to mixed-status households.