The drama over a new coronavirus relief package and all it could contain grows more heated by the day, as both sides remain resolute over the total price of their proposals. It isn’t enough that Republicans and Democrats want to make a deal. The cost of the package is the main sticking point that’s— and it has a direct impact on which pieces of funding move forward and how effective they might be.
For example, a larger overall package can fund more stimulus programs, including a. A smaller one could drop some funding, or narrow the scope of what the program in question could achieve.
A $2 trillion proposal released last week from the House Problem Solvers Caucus pulls ideas fromto create a framework for renewed negotiations. The pressure to make a deal is mounting, and so are calls for compromise. House Speaker Nancy Pelosi has said that the House of Representatives will stay in session until lawmakers strike a deal
Read on to learn the proposed benefits a new stimulus package could contain if it becomes law before or after the. For more information, read up on the . We update this story regularly.
As much as $1,200 apiece in a second stimulus check
The fate of ais currently tied up with package negotiations, although it’s also been suggested that President Donald Trump could sign an executive action to funnel more aid into the economy, potentially including another direct payment.
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Money for schools to battle the coronavirus on campus
Funding to pay for hygiene protocols, testing and other accommodations during the coronavirus pandemic are top priorities on both sides of the aisle to help mitigate the virus’ spread among students and faculty.
As some schools opened through August, data from the American Academy of Pediatrics and the Children’s Hospital Association shows a 16% increase in cases among children, from Aug. 20 to Sept. 3.
Enhanced unemployment pay for millions of job seekers
A stop-gap measure for the federal government to fund $300 a week inonly lasts six weeks and is already ending in some states.
A major point of contention in the debate, Democrats want a new bill to provide $600 per week on top of states’ benefit just like thedid in March. Republicans want to slim the figure to $300. The Problem Solvers proposal puts the figure at $450 for eight weeks, with an increase afterward.
Payroll Protection Program to assist small businesses
Intended to help you retain your job, the Paycheck Protection Program provides forgivable loans to small businesses as an incentive to keep employees on the payroll — people who might have otherwise have lost their jobs during the pandemic.
Employee tax credits to help businesses retain staff
A program administered by the IRS already exists designed to give employers a tax break for keeping employees on the payroll, through the end of 2020. A new bill could extend or enhance the program into 2021.
Extended eviction ban and potential rental assistance
The Centers for Disease Control and Prevention used an obscure health law to, as long as renters complete the necessary paperwork.
Without eviction protections, it’s been estimated that up to 40 million people across 17 million households could lose their homes if the economy doesn’t recover before the latest protections lapse.
Protection for businesses from some coronavirus lawsuits
Liability protection is high on the agenda for Republican lawmakers. Introduced in the, the measure would place a limit on lawsuits levied against employers, schools and health care providers in relation to coronavirus exposure, with exceptions made for gross negligence.
Funding to help the USPS cope with election season
Both Democrats and Republicans have advanced bills with an eye to help fund aahead of an election in which up to 80 million people are expected to .
Thebut hasn’t been picked up by the Senate. The Senate’s “skinny” bill didn’t clear its chamber.
With the stimulus bill still undecided, follow along for the most up-to-date news on. You can also brush up on the ins and outs of and learn how the in a .