Congress Finalizes New COVID-19 Stimulus Deal

Congress Finalizes New COVID-19 Stimulus Deal

( – The onslaught of the COVID-19 pandemic brought not only the nation’s worst health crisis in 100 years but also wrought economic devastation in its wake. With the FDA’s recent approval of two Emergency Use Authorizations for coronavirus vaccines, the country is well into phase one of its recovery. However, it will likely take months before enough people can receive the vaccine to achieve the necessary herd immunity to return to normal.

In the meantime, the American public and businesses need assistance. After months of bickering with Democrats, Senate Majority Leader Mitch McConnell (R-KY) finally announced the two sides finalized a deal on the greatly anticipated COVID-19 relief package.

McConnell made the announcement from the Senate floor during a December 20 address. The plan includes a direct payment to every American of $600 per person along with funds for extended unemployment benefits, food stamps, rental assistance, and continued financial assistance for small businesses struggling under the weight of shutdown and decreased consumer spending.

Noticeably absent from the bill was funding for state and local government and liability protections for business. However, the new Congress is expected to address those issues in future relief measures in 2021. At long last, Americans will receive help before the end of 2020 thanks to Republican willingness to continue negotiating with Democrats.

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