12/9/2023 0 Comments Wells fargo online login"Our numbers are bigger than ever and the scale of this pandemic is almost limitless, but the aid is not," restaurant owner Stephanie Bonin told CBS MoneyWatch before the deal was reached. Some consumers, meanwhile, say they need far more than another one-time payment of $600 to help them survive until the coronavirus vaccine is more widely available next year. The plan also extends a federal eviction moratorium by an extra month, through the end of January.īut some experts said the measure may not go far enough to tide jobless workers over until vaccines are widely available, which is likely to occur in mid-2021. The Pandemic Unemployment Compensation (PUC), which had provided $600 a week to jobless workers until it expired in July, will be renewed with weekly benefits of $300. The $900 billion measure will help millions of jobless workers by adding 11 weeks to the unemployment programs that are now set to expire by the end of December. The $600 per-person checks will cost about $166 billion, according to the summary released by lawmakers. Holding off on $160 billion in funding for state and local governments was key to finding support for another round of stimulus payments, according to analysts at Raymond James. But because that package included $160 billion in aid for struggling state and local governments, which many Republicans objected to, as well as a liability shield for businesses, which many Democrats opposed, the group split the proposal into two bills - essentially carving out the controversial issues into a smaller, separate package that can be argued over at another time. The latest deal is based on a $908 billion proposal from a bipartisan coalition of senators.
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