Bill aimed at saving americans from facing financial turmoil as a result of the coronavirus pandemic. Our kron fours ellis said the monon is live in the newsroom with what you can expect now l a. Well americans are going to be getting money from the federal government depending on how much the make from one of the largest emergency package is the nations ever seen the senate voted unanimously just shy of midnight over on the east coast after days of back and forth between democrats and republicans the bill dedicates billion is direct payments to individuals and families. Another 250 billion for Unemployment Insurance benefits, 350 billion for Small Business loans and billion in loans for distressed corporations. Majority leader Mitch Mcconnell commended the highly partisan senate for coming together when americans needed most. Proud to announce tonight not a Single Center voter ago. Theres 2 trillion rescue bill. To save american. Individuals Small Businesses. Larger businesses. To pro
Matches a historic crisis. It includes billion for direct payments to individuals and families. Another 250 billion in Unemployment Insurance benefits. 350 billion for Small Business loans and billion in loans for distressed corporations senate has pivoted from one of the most contentious. Partisan periods and the nations history. Passing this rescue package now goes to the house of representatives for a vote which will most likely happen on friday. Im John Lawrence reporting. Ok so heres what the stimulus package means for you and your family adults making 75,000 or less well get a 1200 payment couples who are a 150,000 or less will get 2400. Families get 500 per child thats under the age of 17. And the payment will scale down based on your income so there are some limits people making more than 99,000 a year and couples making more than a 198,000 will not get a payment. The bill also provides billion for Small Business loans. Theres billion in Unemployment Insurance benefits and mill
Make more than a 198,000. They will not get a payment. The bill also provides billion for Small Business loans. 250 billion will be set aside for Unemployment Insurance benefits and billion in loans for Distressed Companies now the bill now heads to the house which is expected to vote this friday. Well the passage of the stimulus bill comes at a great time for the 1 Million People in california who have filed for unemployment. Some homeowners will soon be getting a break as well thats because california leaders have secured a deal with 4 Major National banks to temporarily suspend Home Mortgage payments for those affected by covid 19 governor newsome says wells fargo citi us bank and Jp Morgan Chase all agreed on a 90 day grace period, another 200 Smaller Banks made similar commitments. 4 of the 5 largest institutions committed to just stop that 90 day unfortunately bank of america did not publicly commit to that they just committed to 30 days hope they will reconsider and joins a thos
Historic bill was voted on just last night John Lawrence has details. The nays are 0. The 60 fo vote threshold having been achieved the bill is passed the American People have 2 trillion reasons to feel a little more comfortable about the us economy. Thats the amount of the stimulus package, the Senate Passed wednesday night its a historic day. Because it matches a historic crisis. It includes billion for direct payments to individuals and families. Another 250 billion in Unemployment Insurance benefits. 350 billion for Small Business loans and billion in loans for distressed corporations senate has pivoted from one of the most contentious. Partisan periods and the nations history. Passing this rescue package now goes to the house of representatives for a vote which will most likely happen on friday. Im John Lawrence reporting. So you may be asking what does this mean well heres what the stimulus package means for you take a look at the screen adult making 75,000 or less youll get a 12
The time and sweeps are made to make sure customers were not stranded on platforms, the suspension will continue until further notice all trains will undergo a thorough cleaning in the meantime operators have been told to shelter in place until further instructions are given about who needs to be quarantined or tested. Transit Officials Say during the shelterinplace order ridership has declined. 82 across Santa Clara County. Now focus resources on bus services to adapt to Community Needs were standing by for any updates from the vta but in the meantime it looks like riders are going to have to. Make other plans other arrangements for their public transportation. In san jose Sarah Stinson kron 4 news. And new this morning, the Senate Approved one of the largest emergency aid packages in the countrys history to help with the coronavirus shortly before midnight they passed a trillion stimulus package to help boost the us economy suffering from the pandemic heres what the stimulus package