English | دری

US Congress Reaches an Agreement on a New COVID19 Rescue Package

in International Business

US Congress Reaches an Agreement on a New COVID19 Rescue Package

U.S. Congress has agreed to pass another COVID-19 reliefe package and the bill will be passed soon, according to Senate Majority Leader Mitch McConnell.

“Congress has just reached an agreement. We will pass another rescue package ASAP,” the top Republican in the upper chamber said in a tweet. “More help is on the way.”

According to Xinhua news, the 900-billion-USD relief plan under negotiation was set to include another round of direct payments for individuals, federal unemployment benefits, and more funding for Paycheck Protection Program to support small businesses.

McConnell announced the agreement without offering details of the final package. Lawmakers could move to vote on the proposal as soon as Sunday night, along with a full-year government spending bill, according to a CNBC report.

Amid COVID-19 spikes, U.S. economic recovery seems to be losing momentum, but Democratic and Republican lawmakers have been deadlocked for months over the size and scope of the next round of relief package.

House Speaker Nancy Pelosi, top Democrat in the lower chamber, and McConnell have recently said that they want to attach the COVID-19 relief legislation to an omnibus funding bill. Lawmakers previously passed stopgap funding bills to avert a government shutdown and provide lawmakers more time to negotiate a deal in COVID-19 relief and long-term government funding.


Photo Source: Xinhuanet.com


Tags assigned to this article:
US congressUS Covid19US Reliefe package

Related Articles

Lionel Messi faces tax fraud allegations

Argentinean footballer, currently playing for Barcelona and four times winner of FIFA World Player of the Year, arrived at a

Japan’s deflation on the rise

Japan has reported a fall in consumer prices for a third consecutive month, falling 0.2% in January from a year

G7 to hold emergency eurozone talks

Ministers and central bankers to hold a special conference call, raising pressure on the Europeans to act. Finance chiefs of

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china