Details On The $900 Billion Coronavirus Relief Package - Stimulus News

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Congress unveiled a $2.4 trillion spending package that includes $900 billion in coronavirus relief.

According to NPR;

“Individual benefits $600 direct payment checks for every adult and child earning up to $75,000. Individuals earning between $75,000 and $99,000 would get smaller checks, and the benefit cuts out entirely for individuals earning over $99,000.

Small-business help PPP loans: The agreement includes some $284 billion for Paycheck Protection Program loans. Democrats say they expanded eligibility for the loans to include nonprofits and local newspapers, along with TV and radio stations. Also, $15 billion would be reserved for live venues, independent movie theaters and cultural institutions, which have been struggling due to pandemic-forced closures.”

More details: https://www.npr.org/2020/12/21/948744901/here-is-whats-in-congress-covid-19-relief-package


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