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US Congress approves $900b coronavirus aid bill

US Congress approves $900b coronavirus aid bill By Tuesday Dec 22, 2020 Speaker of the House Nancy Pelosi (D-CA) walks back to her office after opening the House floor following an agreement of a coronavirus disease (COVID-19) aid package the night before on Capitol Hill, Washington, DC. Photo: Reuters US House of Representatives, Senate pass the bill Aid bill sent to US President Donald Trump Scroll below for a summary of what is in the bill and what is not WASHINGTON: After months of conflict, the United States Congress on Monday approved a $900 billion coronavirus aid bill attacked to the federal agency spending needed to avert a government shutdown at midnight when existing money expires.

US Congress approves $900 billion coronavirus stimulus package

EFE News Services | Dec 22, 2020 | News | 6 (EFE).- The United States Congress on Monday night approved a $900 billion coronavirus bailout package to help battle the economic crisis due to the pandemic after months of stalled negotiations, The Senate and the House of Representatives gave their overwhelming approval to the stimulus package for the world’s largest economy and boost American businesses that have been battered by the deadly virus gripping the globe. Related Story: The package needs ratification by outgoing President Donald Trump, who is expected to sign it into law. Treasury Secretary Steven Mnuchin has already announced that the benefits could reach the pockets of Americans next week.

US Congress still deadlocked on new COVID-19 aid bill

Politicians in the United States Congress on Thursday remained far apart on the terms of a new COVID-19 economic relief package, making an agreement between Republicans and Democrats unlikely this week. US House of Representatives Speaker Nancy Pelosi, a Democrat, said it appears negotiations may now slip into late December, or even next year, as Senate Majority Leader Mitch McConnell rejected a key Democratic priority. House Democrats have been pushing to include $160bn in aid to state and local governments to help close revenue shortfalls caused by a pandemic-related economic slowdown in the US, which has recorded the highest number of infections and deaths in the world.

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