Congress passes $900 relief bill, extends unemployment benefits herald-review.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald-review.com Daily Mail and Mail on Sunday newspapers.
The U.S. Congress reached an agreement on a roughly $900 billion coronavirus relief package that extends unemployment benefits, provides stimulus checks to Americans within a certain income bracket and funding to small businesses, but it fell short of providing direct funding to state and local governments.
The relief package approved by both chambers of Congress on Monday evening comes as the federal assistance provided in the last aid package, the federal Coronavirus Aid, Relief and Economic Security, or CARES, Act passed in March, is set to expire Dec. 26.
The bill still needs to be signed into law by President Donald Trump.
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Dec 23, 2020
A woman receives a bag of groceries at a food bank at the Los Angeles Boys & Girls Club in the Lincoln Heights neighborhood of Los Angeles. This neighborhood is hard hit by COVID-19. Our families work in service industry jobs, said Carlyn Oropez, director of operations at the facility. Most of the people here have had reduction in hours, reduction in pay or have lost their jobs. They are coming here for help with basic needs. (AP Photo/Jae C. Hong)
WASHINGTON (AP) The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
New Federal Unemployment Benefits Pass Congress | NextAdvisor with TIME time.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from time.com Daily Mail and Mail on Sunday newspapers.