Lawmakers Close to Aid Deal with Stimulus

Package is roughly $900 billion.

Congressional lawmakers are expected to reach a deal on a coronavirus relief deal that would include another round of direct payments to households. The $900 billion package is expected to exclude the thorny issues of funding for state and local governments and liability protections for businesses and other entities operating during the pandemic.

Members of Congress are expected to direct checks, potentially of a smaller size than the initial round, to individuals and dependents. It appears it will also include enhanced unemployment insurance.

Senator John Thune of South Dakota told reporters that direct payments could be $600 or $700 per person, but that nothing was final.

Negotiations remain ongoing and no final agreement has yet been reached. Senate Majority Leader Mitch McConnell expressed optimism. “We’re making significant progress, and I’m optimistic that we’re going to be able to complete an understanding sometime soon,” he said.

It is likely that the lawmakers would submit their final package by midnight Friday at the same time they vote on a continuing resolution to keep the government open a while longer.

As the Lord Leads, Pray with Us…

  • For the Congressional and White House negotiators to come to a deal on more coronavirus relief, including stimulus checks to individuals.
  • For members of Congress as they pass yet another continuing resolution before they adjourn for their holiday recess.

Sources: Wall Street Journal, Business Insider


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