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GOP Senator Pat Toomey s Last-Minute Add to Stimulus Bill Helps His Wall Street Donors
By David Sirota and Matthew Cunningham-Cook
On 12/21/20 at 2:25 PM EST U.S. President Donald Trump s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC.
Chip Somodevilla/Getty Images
Pennsylvania Republican Senator Pat Toomey s effort to wind down emergency low-interest lending programs for small businesses and state and local governments removes a major long-term business threat to his largest campaign contributors as he looks ahead to a career outside the U.S. Senate, according to campaign finance data reviewed by The Daily Poster.
Senate Majority Leader Mitch McConnell announced the deal Sunday evening
The agreement establishes temporary $300 per week supplemental jobless benefits and $600 direct stimulus payments to most Americans
Relief checks could start hitting Americans accounts just after Jan. 1
It will also bring a new round of subsidies for hard-hit businesses and money for schools, health care providers and renters facing eviction
The House was expected to vote on the legislation Monday