Congress will return to Washington this week, and as Capitol Hill returns, the number of Democratic and Republican leaders is growing. Short-term relief package President-elect Joe Biden has predicted that the “choreavirus case” will help families through the “dark winter” of growing and ongoing economic hardships. The Centers for Disease Control and Prevention has warned that the U.S. could record more than 320,000 deaths by mid-December.
Congress has the option of passing a smaller bill than one Democrat supported, extending some of the crucial programs. Set to end the year And exits Another economic stimulus investigation. The idea here is that once Biden takes over the administration, Congress may return to the discussion on a comprehensive package. January 20.
But months later quarreling and Request And Talk, Senate and House of Representatives and several days for the deal to take place before the end of the year. On Friday, House Majority Leader Stanley Hoyer flagged a window over the next two weeks saying details on his chamber would be out. Agreed COVID-19 Relief BillFrom the 2nd of December to the beginning of the week of the 7th of December.
There are also Payment of the second stimulus is no guarantee. (And Payment can bring you Less Money than before.) Opponents suggest Second direct payment Not necessarily, because a The next COVID-19 vaccine Returning to work and the type of spending that drives the economy. Not everyone will get the vaccine at the same timeHowever, and widespread distribution in mid-2021 is still months away.
Earlier this week, a group of 127 economists signed an open letter (PDF) that Check out the second stimulus as fast, The right and effective way to “get families and the economy back on track.” But after months of motivational investigation talks, what does it mean if anyone else No is coming? We’ve focused on the other benefits that a new stimulus package can bring you, even without others Qualified 1,200 per qualified adult. This story is updated regularly with new information.
A smaller bill could bring more money to federal unemployment assistance
This Cares Act March authenticated An additional 600 per week Unemployment money for unemployed persons. When the program began in July, President Donald Trump signs executive action Who paid an extra 300 300 a week by the end of the year. Until December 31 or until the money for each state is exhausted. With the total number of unemployed workers claiming to be more than 200 million, the government reported this month that the renewal of federal unemployment assistance could help millions of people pay for rent, food and other essentials.
Money for small businesses to meet workers’ pay scales
The Parole Protection Program is also part of the Care Act, which was created to help keep workers employed by providing waiver loans to small businesses for the purpose of paying wages. This means that people who work for small businesses should be more likely to keep their jobs because their employer may get extra money to help keep workers on the books.
According to a University of Chicago study, both Republicans and Democrats are pushing for renewal – a recent study suggests that the payroll program was not as effective as it could have been – many businesses are using non-payroll loans and increasing savings, according to a University of Chicago study. – Both Republicans and Democrats have pushed for the renewal of programs targeted at hard-hitting small businesses.
Rental protection that stops evacuation
The Care Act covers 120 days Postponement of late tenants on rent. Trump renewed the stabilization until Dec. 31. A recent U.S. census study found that while five tenants were not caught on their lease during the epidemic, a break in defense could be catastrophic in American homes and increase forecasts. In personal bankruptcy.
With Congress out until Thanksgiving and the February 11 deadline to approve a new federal budget, legislators will have to act quickly to agree on short-term reforms before the new year.
Until then, here’s what we know about the situation here Negotiations on another economic rescue bill, What could be Having an explanation And Five benefits away Unless Congress acts before the end of the year.