Tuesday, December 22, 2020

$900B COVID-19 relief package clears Congress

$900B COVID-19 relief package clears Congress

President Donald Trump is expected to sign a $900 billion pandemic relief package following its passage in Congress on Monday. The measure includes a revived Paycheck Protection Program with $284 billion in funds for small businesses as well as $600 in direct payments to Americans who earn up to $75,000 annually and $1,200 to couples who earn a maximum of $150,000, with payments phasing out beyond those income thresholds.

Full Story: ABC News (12/22),  The Associated Press (12/21) 


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