$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.

The House Problem Solvers Caucus released today a framework for the next stimulus packaged. Called the March to Common Ground, the Covid relief framework calls for a $1.5 trillion stimulus package in an effort to break the logjam in Washington.

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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