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    How Democrats and Republicans came together for a $900 billion COVID-19 relief package

    ET Online and Agencies|
    ​Long overdue
    1/5

    ​Long overdue

    According to a report by AP, top Capitol Hill negotiators sealed a deal on a $900 billion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them. The package would establish a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, along with a new round of subsidies for hard-hit businesses and money for schools, health care providers and renters facing eviction.

    AFP
    ​Combined stimulus
    2/5

    ​Combined stimulus

    The final agreement would be the largest spending measure yet. It combined $900 billion for COVID-19 relief with a $1.4 trillion government-wide funding plan and lots of other unrelated measures on taxes, health, infrastructure and education. The government-wide funding would keep the government open through September.

    AFP
    ​CARES Act
    3/5

    ​CARES Act

    The $300 per week bonus jobless benefit was one half the supplemental federal unemployment benefit provided under the $1.8 billion CARES Act in March and would be limited to 11 weeks instead of 16 weeks. The direct $600 stimulus payment to most people would also be half the March payment, subject to the same income limits in which an individual's payment began to phase out after $75,000.

    AFP
    ​How it came to be
    4/5

    ​How it came to be

    Progress came after a bipartisan group of pragmatists and moderates devised a $908 billion plan that built a middle ground position that the top four leaders of Congress - the GOP and Democratic leaders of both the House and Senate - used as the basis for their talks. The lawmakers urged leaders on both sides to back off of hard-line positions.

    AFP
    ​Broad contours
    5/5

    ​Broad contours

    * New direct payments up to $600 per adult and child
    * Enhanced unemployment benefits, including an additional $300 per week
    * $82 billion for colleges and schools, including support for heating-and-cooling systems upgrades to mitigate virus transmission and reopen classrooms, and $10 billion for child care assistance
    * $45 billion for transportation assistance, including $15 billion to U.S. passenger airlines for payroll assistance, $14 billion for transit systems, $10 billion for state highway funding and $1 billion for Amtrak passenger railroad
    * $25 billion for rental assistance for families struggling to stay in their homes, and an extension of the eviction moratorium.
    * $13 billion for food assistance

    AFP
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