KXLY
December 21, 2020 1:48 PM Kelly Anne Smith - Forbes Advisor
Posted:
Updated:
December 23, 2020 4:40 AM
After long months of negotiations that moved at a snail’s pace, Congress has finally agreed on a second stimulus package, as part of the Consolidated Appropriations Act.
The deal comes as many of the safety nets passed by the CARES Act in March, including expanded unemployment benefits, are set to expire at the end of the month.
Last week, President-elect Joe Biden said this relief package is the first part of what’s to come when he takes office in January.
“… It’s a down payment, an important down payment on what’s going to have to be done beginning the end of January into February, but it’s very important it get (sic) done,” Biden told reporters in Wilmington, Delaware.
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