Economics in Brief: Congress Nearing Deal on Second Stimulus
Congress appeared to be nearing a compromise for a $900 billion COVID-19 aid package that includes a second, smaller stimulus check, the AP reported. The package includes $300 billion for businesses, including more Paycheck Protection Program money (a program that has been fraught with controversy and mismanagement almost since the beginning). It also would include $600 checks to Americans, though as with the first round of stimulus checks, millions of Americans didn’t receive a check, either because their income was so low that they didn’t file tax returns and weren’t able to apply for...
Source: nextcity.org