In parallel with the Thursday House vote, Mnuchin and Pelosi spoke three times a day to reach a last-minute agreement on a range of relief measures, from increased unemployment benefits to another roundfrom to the . On Thursday evening, Pelosi told reporters at the Capitol that she was reviewing Mnuchin documents in preparation for further discussion.
Read on to learn what benefits a new stimulus package could offer if it goes into effect before or after the law. Further information can be found on the and how . This story is updated often.
Second stimulus check for a maximum of USD 1,200 still on the table
Democratic and Republican lawmakers have agreed on the need for a second direct payment of up to $ 1,200 per eligible American adult and additional money for dependents (find outand ).
The recently passed House Bill, which the Democrats refer to as the “updated version of the Heroes Act” (PDF), contains similar provisions for stimulus checks to Marchand expands who is deemed dependent in accordance with the requirements of the Heroes Act.
The new bill – which Pelosi uses as a starting point for their negotiators – would send $ 500 to all dependents that the taxpayer can claim as dependent under the new bill, regardless of age (“the number of dependents taxpayers for such a tax year. “) Mnuchin uses the $ 1.5 trillion problem-solver proposal as a starting point for his business. As the two sides continue to talk, they are running out of time to come to an agreement and pre-screen the Americans.
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Money for the aviation industry to prevent layoffs
The payroll protection included in the CARES Act expires October 1, and airlines threaten to lay off thousands of workers after that date. The new bill (which in turn is not law) extends the wage support program to the aviation industry to prevent mass layoffs. American Airlines and United Airlines moved on October 1 to employ 32,000 people after aid ran out.
Improved unemployment to support millions of job seekers
A stop-gap measure for the federal government to fund $ 300 per weekwas planned for six weeks and has already ended in some states.
As the main point of contention in the debate, Democrats want a new bill to add $ 600 a week to states’ benefits, as the CARES bill did in March. Republicans want to cut the number to $ 300. The suggestion for problem solvers puts the figure at 450 US dollars for eight weeks, then increasing. The new house bill includes $ 600 in unemployment benefits through January 2021.
Wage and salary protection program to support small businesses
The paycheck protection program in the CARES Act is designed to help employers keep workers on payroll, and offers small businesses forgeable credit as an incentive to keep employees on payroll – people who may otherwise have lost their jobs during the pandemic . Under the revised Heroes Act, the plan would include the restaurant industry, independent live venue operators, and the aviation industry.
Employee tax credits to help companies retain employees
There is already an IRS-administered program in place to give employers a tax break through 2020 to help keep workers on payroll. With the new bill, the tax credits are renewed to encourage employers to keep workers on the payroll.
Extended eviction ban and possible rental support
The Centers for Disease Control and Prevention used an obscure health law toas long as the tenants fill out the necessary documents.
It is estimated that up to 40 million people in 17 million households without evictions could lose their homes if the economy does not recover before the last protective measures expire. The new house proposal includes evacuation protection as well as financial support for residential property owners to offset the cuts in rent payments.
Protecting businesses from certain coronavirus lawsuits
Liability protection is high on the agenda for Republican lawmakers. Introduced in theThis measure would limit lawsuits against employers, schools and health care providers related to exposure to coronavirus, with the exception of gross negligence.
Money to help the USPS get through the election season
Both Democrats and Republicans have submitted bills to fund abefore an election in which up to 80 million people are expected . The new house bill includes additional funding for the USPS. The House of Representatives before that was not taken up by the Senate. The Senate’s “thin” bill has not vacated his chamber.
Support for election security
The pandemic is expected to increase byDuring the US presidential election on November 3rd, many raised concerns about how the USPS will deal with it. The government a coordinated effort to commit mail-in voting fraud. However, the House’s new bill is financed to ensure election security.
Funding schools to fight the coronavirus on campus
Funding hygiene protocols, tests, and other shelter during the coronavirus pandemic is a top priority on both sides of the aisle to help reduce the spread of the virus among students and faculty. The new house bill contains money specifically for schools.
With some schools opening through August, data from the American Academy of Pediatrics and the Children’s Hospital Association show a 14% increase in child cases in the last two weeks, September 10-24.