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Total U.S. coronavirus deaths reported this morning: 317,684.
Finally, a deal.
Congressional leaders on Sunday struck an agreement on a mammoth package to provide coronavirus relief funding and fund the government until October, marking the months-long culmination of up-and-down negotiations that plagued lawmakers to the end.
Congress reaches deal on $900B relief after resolving key difference
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U.S. Sen. Majority Leader Mitch McConnell, R-Ky.,walks from his office to the Senate floor on Capitol Hill on Thursday. Democrats and Republicans agreed on a Covid-19 relief package Sunday. Photo by Ken Cedeno/UPI | License Photo
Dec. 20 (UPI) The U.S. Senate reached a deal on a $900 billion relief package from the economic effects of coronavirus, possibly by Sunday, after a key difference between Democrats and Republicans was resolved regarding the role of the Federal Reserve to intervene in lending authority.
Senate Republican leader Mitch McConnell, R-Ky., announced Sunday evening that lawmakers had come to an agreement on a COVID-19 aid package and a $1.4 trillion omnibus spending bill but did not provide details.
The New York Democrat said the more than $900 billion relief package would provide his state with $54 billion, including $9 billion in the former of direct payments to those in the state who qualify for the $600 checks, he told Newday.
People who make up to $75,000 annually are eligible to receive the $600 direct payments. Couples with a joint salary of less than $150,000 are eligible, and families with children are eligible for additional $600 payments per child.
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The direct payments are meant to help people get through the economic crisis caused by the pandemic while stimulating the economy. Clearly, there is more to be done, Schumer told Newsday in an interview. This is not a stimulus bill, this is a survival bill, and we will fight for more relief.
Congress nears deal on $900B coronavirus relief after resolving key difference upi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upi.com Daily Mail and Mail on Sunday newspapers.