Senate Majority Leader Mitch McConnell announced that top Capitol Hill negotiators have agreed to a 900 900 billion Covid-19 stimulus package, with key Democrats vowing more economic intervention under the Biden administration.
The Associated Press reports that if the deal is finalized, it will be the largest measure of cost, linking the Covid-19 relief to the government 1.4 trillion government-wide funding plan cited by the New York Times as રૂપ 2.3 trillion. “
Congress on Sunday evening also approved a 24-hour extension of government funding.
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Senate Minority Leader Sen. Chuck Schumer said, “This is a good bill. Tonight is a good night. But that’s not the end of the story, it’s not the end of the job. Anyone who thinks this is a bill doesn’t know enough about what’s going on in America.”
House Speaker Nancy Pelosi also vowed that more work would be done under Biden’s presidency. He called the bill a “first step.”
The text of the bill was not immediately available. The Street Journal reports that it expects many Americans to receive a $ 600 check and an additional 300 300 in federal unemployment benefits. The bill that Democrats want this fall was less than half the size.
“We have long had the bilateral success we need in the country,” said McConnell. “We urgently need to finalize the text, avoid any last-minute hurdles, and work together to move this legislation through both chambers.”
President-elect Joe Biden also called the bill a “start.”
“This is a model for the challenging task ahead for our nation,” he said in a statement.
House leaders informed legislators that they would vote on the law on Monday, and the Senate is also expected to vote on Monday.
“We look forward to sending an urgent bill to Congress to sign at its desk,” White House spokesman Ben Williams told the Journal.
The Associated Press contributes to this report
