Congress has hammered out a new Covid-19 stimulus package that includes a new round of Paycheck Protection Program loans, tax relief and other measures for small businesses.
Congress appears set to vote on the relief measures as early as Monday after leadership from both parties endorsed the new deal. Congress will ultimately pair the deal with additional legislation to fund the government for the next fiscal year. Lawmakers have repeatedly passed short-term measures to keep the government operating over the last few weeks while lawmakers hammer out a stimulus deal. It must still pass the new legislation for any of its provisions to become law.
The roughly $900 billion spending measure will include stimulus checks of $600 per individual, an extended eviction moratorium and enhanced unemployment insurance of about $300 a week, according to a summary released by House Republicans, among a variety of school funding, vaccine and other public health-related measures.
