Republicans and Democrats in the United States Congress are nearing an agreement with the Trump White House on a COVID-19 relief package to aid Americans still struggling through the pandemic.
The bill, valued at $900bn, is expected to provide for one-time payments of about $600 to individuals, subsidies to small businesses, $300-a-week jobless benefits and funding for vaccine distribution.
“The finish line is in sight,” Chuck Schumer, the top Senate Democrat said as details of the legislation were being hammered out.
“Everyone wants to get this done. Let’s push through the few final metres and deliver the outcome that the American people very much need,” Schumer said in remarks to the Senate.
Asian markets drift as dealers track US stimulus, Brexit talks
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US Stimulus, Brexit Hopes Push Stocks Higher
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Asia: Markets drift as dealers track US stimulus, Brexit talks
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