Covid-19 Relief Bill Finally Agreed On
There will be new stimulus checks coming. Under the new bill announced today,
Negotiators have decided to provide stimulus checks worth $600 per person. The size of that benefit would be reduced for people who earned more than $75,000 the preceding year, similar to the last round of stimulus checks, according to two people who spoke on the condition of anonymity to share details of private deliberations. The stimulus checks would provide $600 per person, including adults and children, meaning a family of four would receive $2,400 up to a certain income.
Congress would also extend unemployment benefits of up to $300 per week, which could start as early as Dec. 27.
There will also be extensions on the period for states to give out CARES Act money. And a one month extension of the ban on evictions.
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