Congress returns to Washington this week, and as it returns to Capitol Hill, an increasing number of Democratic and Republican leaders are pushing for Dark winter“From the high incidence of Coronavirus and the continuing economic difficulties predicted by President-elect Joe Biden. The Centers for Disease Control and Prevention has warned that the United States may reach The death toll reached more than 320,000 by mid-December.To help families through
One option is for Congress to pass a smaller bill than the Democrats supported, a bill that spans some of the more important programs.And leaves . The idea here may be that Congress may return to discussions of a broader package after the Biden administration takes office .
But months later Controversy And the urge And the Are talkingAnd the Senate and House of Representatives to a few days to reach an agreement before the end of the year. On Friday, House Majority Leader Steny Hoyer announced A. Window for the next two weeks His room would have to put details around Specifically, from December 2 to the early week of December 7.
But there is. (And the It proposes liabilities It may not be necessary, since a It indicates the return to work and the type of spending that moves the economy. However, the wider distribution in mid-2021 is still far from the months.
Earlier this week, a group of 127 economists pulled up Sign an open letter (PDF) Urging A. A fair and efficient way to “get families and the economy back on the right track”. But after months of stimulus verification talks, what does that mean if other conversations No Come? We’ve looked at what other benefits a new stimulus package can provide for you, even without another . This story is regularly updated with new information.
A smaller bill could bring in more money to help federal unemployment
The Total number of unemployed workers The government this month, claiming benefits of up to 20 million, said that renewing federal unemployment assistance could directly help millions of people pay rent, food and other necessities.In March authorized In unemployment funds for unemployed individuals. When this program ran out in July, That extended payments through the end of the year by an additional $ 300 a week, until December 31 or until state runs out of funds. With th
Small business money to meet workers’ salaries
The Payroll Protection Program, also part of CARES, is designed to help keep workers employed by offering cancellable loans to small businesses for the purpose of paying wages. This means that people who work for small businesses should be more likely to keep their jobs because the employer can get extra money to help keep workers on the books.
While Recent studies Salary program proposal It was not effective As it could have been – with many companies using loans at unpaid expenditures and building savings, according to The University of Chicago Study Both Republicans and Democrats have pressed for a renewal of the program targeting the small businesses worst hit.
Tenant protection that stops evictions
CARES included a 120-day period A recent census study in the United States Finding that one in five tenants did not default on their rents during the pandemic, the lack of safeguards could be disastrous for American households and could be exacerbated by Anticipated increase in personal bankruptcy.. Trump renewed the freeze until December 31. With
With Congress running past Thanksgiving and the December 11 deadline to approve a new federal budget, lawmakers will have to act quickly to approve a short-term reform before the new year.
Until then, here’s what we know about the conditionWhat could it be And the Unless Congress takes action before the end of the year.