(AmericanProsperity.com) – Americans have long awaited another stimulus bill to bail out their small businesses and bolster unemployment insurance. A bipartisan group of Senators led by Joe Manchin (D-WW), Susan Collins (R-ME), and Mitt Romney (R-UT) should have a finalized relief bill by Monday, December 14.
The bill will likely be split up into two proposals. The first is a $160-billion plan that’ll fund state and local government while providing liability protections for business. An additional $748-billion proposal will provide more diverse relief, including:
- $300 per week federal supplemental unemployment insurance
- $300 billion for the Small Business Administration’s (SBA) Paycheck Protection Plan (PPP)
- $51 billion for healthcare relief and COVID-19 testing and vaccinations
- $82 billion for education
- $25 billion in rental assistance
In addition, aid will be provided to mental health services, the United States Postal Service (USPS), agriculture, and more. However, direct stimulus payments are not included in the current bill.
Senator Manchin is optimistic it will be ready for America on Monday:
Negotiations on the text of a new $908 billion coronavirus relief package are ongoing, says Sen. Joe Manchin, https://t.co/yxQ73j5REp. — but he believes lawmakers will have it "produced for the American people, tomorrow."https://t.co/FmjOhuB6CZ
— NPR (@NPR) December 13, 2020
The plans total $908 billion and is, hopefully, a middle-ground our lawmakers can agree on to bring a bit of forward momentum to our country and economy right before the holidays.
~Here’s to Your Prosperity!
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