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US Congress Decides To Sanction $900 Billion New Stimulus Package

On Monday, December 22, 2020, US Congressmen collectively decided
to vote on a relief package of $900 billion. The objective is to aid
millions of small business enterprises and households battling the
Covid_19 pandemic scenario.
As the death toll from the global pandemic is escalating in the middle of
a huge re-emergence of the virus that once more endangers the
economy of the country, both the Democratic and Republican
lawmakers ultimately reached a solution following a vehement
discussion Sunday evening. This ensued following months of intense
argument and hostile deliberation on what to incorporate in the new
stimulus package.
The breakup of this colossal year-end settlement is given below:
1. $166 billion through direct checks
2. $120 billion as additional unemployment aid
3. For small business support – $325 billion
4. Transportation assistance: $45 billion

 

You can read the full content:
https://www.businessupside.com/2021/01/03/us-congress-decides-to-sanction-900-billion-new-stimulus-package/


Creation date: Jan 14, 2021 11:02pm     Last modified date: Jan 14, 2021 11:02pm   Last visit date: Dec 1, 2024 7:44am
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