Congress Agrees on New COVID-19 Stimulus Package: Here's How

Congress Agrees on New COVID-19 Stimulus Package: Here's How Much Money to Expect


We've heard this potential news on a new stimulus bill for months but now it looks like it's coming very soon for most Americans.
According to WIVB, Senate Majority Leader Mitch McConnell announced on Sunday that Congress agreed on a new COVID-19 stimulus bill.
McConnell kept up with updates as the negotiations went around the clock to work out a deal, as did Senate Minority Leader Chuck Schumer.
“Barring a major mishap, the Senate and House will be able to vote on final legislation as early as tonight,” said Senate Minority Leader Chuck Schumer, D-N.Y.
This new relief bill would give most Americans $600, which is half of what the CARES Act gave out back in late March. It would be the same, however, as the CARES Act, in which an individual's payout phases out after $75,000 a year earned.

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