Congress leaders have unveiled a massive, year-end bill that includes 900 1.4 trillion in Olympus spending bills and other unfinished legislation on taxes, energy, education and health care with V 900 billion in subsidized COVID-19 aid. The bill for the huge, special bill is due to come to a vote on Monday – MLAs had only a few hours to read it before voting.
Highlights of the criteria with the need for all measures in the amount of funds overall and the amount required for some; Some amounts are not yet available and some aspects of the Cattle Bill do not include costs.
Direct economic relief (286 billion)
Unemployment insurance ($ 120 billion) revives 300 300 per week on the unemployment benefits of the supplementary federal epidemic – from March 14 – instead of 600 600 for the week ending July “Gig” extends special epidemic benefits for workers and extends the maximum period for state-paid unemployment benefits to 50 weeks.
Direct payments (16 6,166 billion) provide direct 75,000 per person per year for 600,000 individuals and direct 600 direct payments to couples earning 150 150,000 per year – with a phased payment for higher income – with an additional $ 600 per dependent child.
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Small business (5 325 billion)
Paycheck Protection Program (4,284 billion). Paycheck revives the Protection Program, which provides waiverable loans to eligible industries. Particularly hard-hit businesses that have received PPP grants will qualify for the second round. Ensures that no tax is levied on PPP subsidies.
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Vaccines, testing, health care providers (billion 69 billion)
Distributes more than 30 30 billion for vaccines and treatments, distribution funds for states, and strategic mobilization. Adds 22 22 billion to testing, tracing and mitigation, 9 9 billion to health care providers and $ 4.5 billion to mental health.
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Schools (billion 82 billion)
Distributes 54 54 billion to epidemic-affected public K-12 schools and 23 23 billion to colleges and universities; 4 4 billion will be provided to the Governors Emergency Education Relief Fund; About 1 billion for Native American schools.
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Rental assistance (billion 25 billion)
Provides funding for a first-time federal rental assistance program; Funds are distributed by state and local governments to help people who have fallen behind in their rent and may face deportation from the country.
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Food / Farm Aid (billion 26 billion)
Food stamp benefits increase by 15% and are funded by food banks, mill on wheels and other food aids. Provides equal amount (13 billion) assistance to farmers and pastoralists.
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Child care (10 billion)
The Child Care Development Bill provides a ક 10 billion grant to help families with childcare costs and providers increase operating costs.
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Postal service (billion 10 billion)
The postal service provided under the previous relief law is forgiven a loan of Rs 10 billion.
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Serpis Medical Bill
Bilateral legislation is included to protect consumers from huge surprise medical bills after receiving treatment from out-of-network providers.
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Tax Extenders
Increase various finished tax breaks, including lower excise taxes for craft brewers and distillers. Renewable energy sources will see tax increases like those of motorsport facilities and charitable contributors. By 2022 business meals will be 100% deductible.
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Water projects
Includes a nearly 400-page water resources bill with 46 Army Corps Engineers and Engineers targeting 10 billion for flood control, environmental and maritime security projects.
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