2ND STIMULUS bill PASSES Congress DRASTICALLY SHORT OF EXPECTATIONS

Lawmakers were able to come to an agreement on a $900 billion COVID-19 stimulus deal on Monday that covers a second round of stimulus checks which allocates $600 for most Americans. It also includes extended unemployment with a $300 boost to strengthen the benefit in addition to expanding eviction moratoriums for renters. The bill is in conjunction with a $1.4 trillion spending bill that protects federal programs and agencies until Sept. 30, which is the ending of the fiscal year. The Paycheck Protection Program is also being expanded and will now include local newspapers, broadcasters and non profits. Small business grants will gain another $20 billion with live event venues being allocated $15 billion, additional funds were directed to vaccine testing and distribution. The SNAP (Supplemental Nutrition Assistance Program) or SNAP has also been backed with $13 billion stipend.

BY: BEWITTY Staff

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