Post a Free Blog

Submit A Press Release

Thursday, March 28, 2024
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
-- Advertisement --spot_img
HomeBusinessBoth Republicans and Democrats Compromise to Reach COVID-19 Stimulus Package

Both Republicans and Democrats Compromise to Reach COVID-19 Stimulus Package

 

 

Late Saturday night, senior lawmakers finally agreed to a compromise over the Federal Reserve’s emergency lending powers. After months of talks and negotiations they finally overcame the last barrier that stood in the way of reaching a $900 billion coronavirus relief package.

According to multiple sources both the sides are working on compromise language and open items will be resolved overnight.

The deal is not as yet released but the expectations are as follows:

  • $600 direct payments for qualifying Americans
  • $300 weekly federal unemployment insurance bonus
  • Money for businesses to pay workers and rent
  • Funds for vaccine distribution

Warring representatives from both the Democrats and Republicans claimed that their objectives were achieved. This was mainly due to a group of House members and moderate senators who formed a “Problem Solvers Caucus” and quietly but steadily worked out an agreement acceptable to all.

Chuck Schumer, Minority Leader, D-N.Y., told the Capitol Hill pool on Saturday, “We’re getting close, very close. Very close,”

He added that it “looks like we’ll be able to” pass the stimulus package bill in both chambers “if things continue on this path, and nothing gets in the way.”

The caucus had worked out a   $748 billion proposal which base for negotiations between all the concerned parties including Mitch McConnell, Chuck Schumer, House Speaker Nancy Pelosi, House Minority Leader Kevin McCarthy, the Trump administration and a few others.

Source

Photo-

Subscribe to get Latest News Updates

Latest News Articles

You may like more
more

Robinhood Gains 3 percent on Credit Card Launch Plans

Robinhood Markets (NASDAQ:HOOD) stock rose more than 3% intra-day...

Bloom Energy’s Price Target Cut at Susquehanna

Susquehanna analysts adjusted their price target for Bloom Energy...

Nio Shares Drops 6 percent Following Slashed Q1 Delivery Outlook

NIO (NYSE:NIO) shares fell more than 6% intra-day today...

nCino Shares Jump 19 percent Following Q4 Earnings

nCino (NASDAQ:NCNO) shares surged more than 19% intra-day today...