Highlights of Democrats' $3 trillion-plus virus relief bill
Published
WASHINGTON (AP) — Democrats controlling the House have unveiled a $3 trillion-plus coronavirus relief bill — the fifth coronavirus response legislation so far — and are planning to pass the measure on Friday. The legislation replenishes existing accounts to respond to both the COVID-19 health care crisis and to try to ease the economic impact of the pandemic, which has produced record job losses and fears of a depression.
Here are highlights of the Democratic bill:
FISCAL AID TO STATES AND LOCAL GOVERNMENTS
The Democratic bill provides more than $900 billion to states ($500 billion), local governments ($375 billion), as well as Indian tribes and territorial governments ($40 billion) to help prevent layoffs of public workers, cuts to services, or tax hikes.
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DIRECT PAYMENTS
Adds a second round of direct payments to individuals and makes those benefits more generous than an earlier round, which limited payments for dependent children to $500. Instead, it provides new payments of $1,200 per family member, up to $6,000 for a household.
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HAZARD PAY FOR ESSENTIAL WORKERS
Creates a $200 billion “heroes fund” that would provide a “hazard pay” supplement for essential workers such as first responders, health care workers, sanitation workers, and those at businesses required to stay open.
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UNEMPLOYMENT BENEFITS
Extends a $600 per week federal unemployment benefits supplemental payment through January, 2021, instead of cutting it off at the end of July.
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POSTAL SERVICE
Provides $25 billion for the cash-strapped U.S. Postal Service, which is expected to run out of money by the end of September without congressional aid because it’s losing so much revenue during the pandemic. The measure also would...