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DEAL! Senate, House and White House Agree on $2Trillion Coronavirus Relief Bill

DEAL! Senate, House and White House Agree on $2Trillion Coronavirus Relief Bill

Just after midnight last night, the Senate and House came to an agreement on a coronavirus relief bill providing more than $2 Trillion in benefits for workers and businesses.

The bill was almost derailed by recent demands by the Democrats to pork up the bill with liberal ideological measures that had nothing to do with coronavirus relief, like improving the carbon footprint of the airlines and tax credits for windmills.

“Ladies and gentlemen, we are done,” said Eric Ueland as he left the office of Senate Majority Leader Mitch McConnell. “We have a deal.” He later said, “much of the work on bill text has been completed, and I’m hopeful over the next few hours we’ll finish what’s left and we will circulate it early in the morning.”

“This is a very important bipartisan piece of legislation that is going to be very important to help American workers, American business and people across America,” said Mnuchin to reporters early Wednesday. “We couldn’t be more pleased.”

The bill includes:

Direct payments to Americans.

  • Expanded unemployment benefits, increase current unemployment assistance by $600 a week for four months.
  • $367 million program to for small business to keep making payroll.
  • $500 million for guaranteed, subsidized loans to larger industries, including airlines.
  • 100 billion for “front line” hospitals and treatment centers.
  • 150 billion for State and Local Governments
  • $1,200 to Americans who make up to $75,000. Individuals with no or little tax liability would receive the same amount.
  • $30 billion in emergency education funding
  • $25 billion in direct financial aid to struggling airlines
  • $4 billion for air cargo carriers

“Democrats are finally taking ‘yes’ for an answer,” McConnell said early Wednesday morning. “Help is on the way.”

President Trump says he wants to reopen the country, setting Easter as the goal.

“I give it two weeks,” Trump said last night in the Fox News town hall. “I guess by Monday or Tuesday, it’s about two weeks. We will assess at that time and give it more time if we need a little more time. We have to open this country up.”

Previously passed were $8.3 billion to fund vaccine development and more than $100 Billion to expand paid leave.

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17 Comments

  1. Lavona Vines

    It’s about time Pelosi realized she was on the losing end with her ridiculous demands. We need to take care of our citizens regardless of what party you support. Good news for working people and companies that are hit hard with this virus.

    Reply
  2. Craig Michael Vandertie

    And the wealthy get absolved of their sins again.

    Reply
    • Seb

      The Democrats are all very wealthy !

      Reply
    • nick sauser

      6 million new jobs, was that all for the wealthy. You are reading the democratic play book too much.

      Reply
    • Country first

      There is no absolution because the fault is not with any company or person I. This country wealthy or not. These are loan guarantees not bailouts! Read the bill before you go pointing fingers like Ms Pelosi an Cryin Chuck. They are at fault for this delay that ma Tb have caused more damage than necessary. All like you

      Reply
  3. Khyra V. Campbell

    Wonderful! Our nation will survive this and continue to be as great as ever.

    Reply
  4. L Joiner

    What else did that woman add onto the bill looks like she got her way things that were not even pertaining to the virus was added to the bill we need to have a change in this democratic policy

    Reply
  5. Mary Griffin

    Here’s what I see, Nancy walks in said no we will not accepted this package, just before yesterday s vote. She wants to fill the bill with a bunch of pork. Mitch comes out and tells us what’s going to hold up this bill. No vote is casted, she said she will introduce her own bill. Which she did already. Now she will say the bill that got passed was the one she did, she will say she fixed the Republican bill, and she will get the credits for the bill

    Reply
  6. Tom Deaver

    Everyone has been told to asset aside three to six months income for emergencies! The people are being absolved of our inability to plan for ourselves!

    Reply
    • Debra Dildine

      There are a kot if people including me who worked as a nurse for yr but of this rare bone disease i was on disability having surgery after surgery on my legs so was last 11 yrs on disability only makeing 576.00 a month and because of this they go.back just last 10 yrs on your work will i hadn’t worked in 11 yrs on disability so when i went to see about drawing my retirement it would only be 280.00 a month.people can’t live on that or the 567 i make now.renting take.most of it on low income housing and still have utilities and food.so no way people like me can save for emergencies.

      Reply
  7. Tom Deaver

    Those who make over $75,000 get no help! This is for those who are most affected by income losses. Those who make over $75,000 and have big mortgages will be hurt.

    Reply
    • Dave

      Those making over $75,000 having big mortgages & no reserve are being overpaid. They are not as smart as their salary would indicate

      Reply
  8. Marrgie

    Guess everyone is ok with $25 million going to the Kennedy Center! Oh my, they might not be able to reopen, 800 people lost their jobs! Really? How about Broadway, and all the theaters in our cities who had to cancel performances?
    Oh yeah, Nancy really cares about us.
    That damn theater could have a gala fundraiser after this all over!

    Reply
  9. Ollie Octopus

    The big problem is NOT the Corona Virus (not that it’s not real), but is due to the fake news media and politicians. Dr. Shiva Ayyadurai: “As an MIT PhD in Biological Engineering who studies & does research nearly every day on the Immune System, the #coronavirus fear mongering by the Deep State will go down in history as one of the biggest fraud to manipulate economies, suppress dissent, & push MANDATED Medicine!” This scare is media driven and politicians go right along with it unlawfully taking away our civil rights in the name of doing something about it! This is how dictators are created. Find a problem, get the fake news media to promote it, and then have politicians give leader exceptional powers to fight the problem. The Swine Flu killed over 12,000, but not many remember that. According to the CDC, 2019-2020, flu has accounted for between 23,000 to 59,000 deaths. Where’s the flu panic? Now over $2 trillion more will be added to already pre-bankruptcy national debt! This is insane. Our debt will soon come tumbling down upon us. Think about our future generations. God help us because the fake news agencies and politicians aren’t.

    Reply
    • Kawika56

      They are following in Karl Marx’s footsteps…
      “We will create problems for the people, so that we can give them our solutions” – Karl Marx

      “I have long been settled in my own opinion that neither philosophy, nor religion, nor morality, nor wisdom, nor interest, will ever govern nations or parties, against their vanity, their pride, their resentment, or revenge, or their avarice, or ambition. Nothing but force and power and strength can restrain them.” – John Adams, Letter to Thomas Jefferson, 1787

      Reply
  10. Rick

    How on earth can Pelosi sit and look so smug in that picture when she did everything that she could to put her personal agenda before the obvious and desperate needs of the American people. It is definitely time to get her and her cronies out of political positions.

    Reply
  11. Frankbang Kim Tran

    Do not act for the sake of the political party, but for the nation of The United State of America.

    Reply

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