$1.5 Trillion Stimulus Deal Proposed: Second Stimulus Check, & $450 Unemployment Benefit
While stimulus deal negotiations remain at an impasse, a bipartisan group of
50 lawmakers are proposing a $1.5 trillion stimulus deal compromise.
It includes proposals favored by both parties, as well as compromises on a number of key issues. The proposal is led by Representatives Josh Gottheimer (D-NJ) and Tom Reed (R-NY), and is supported by 50 lawmakers—25 Democrats and 25 Republicans.
Summary of the Stimulus Framework
- $1,200 second stimulus checks + $500 per child and dependent adults
- $450 – $600 weekly unemployment benefit
- $500 billion to state and local governments
- $290 billion for Paycheck Protection Program and other small business programs
- $100 billion for virus testing and tracing and public health
- $25 billion for mortgage and rental assistance
- $145 billion for schools and child care
- $25 billion for broadband, agriculture, Postal Service and Census
- $11 billion for WIC and SNAP assistance
- $400 million for 2020 elections
- Student loan forbearance through December 31, 2020
- Worker & Liability Protections
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Certified News Nut, Published Hobby Songwriter/Poet, Writer, & Citizen Journalist. From the Bluegrass State of Kentucky. Home of the Kentucky Derby and best bourbon in the world. I enjoy anything astronomy, space program, into all sports, and all forms of music. I enjoy people, humor, and good conversation. And I support Donald Trump and make no excuses for it!
