After months of disagreements and delays, it appears that lawmakers have finally agreed on a stimulus package to help Americans affected by the COVID-19 pandemic. The $900 billion relief package will provide financial help to Americans during a time when COVID-19 cases continue to skyrocket across the United States, but lawmakers like Florida Rep. Stephanie Murphy (D) are also acknowledging that the deal is far from perfect. Wanting to take no more time to ensure that Americans receive financial assistance during a time of struggle, Americans could be receiving extra money before the year ends.
The House and the Senate are expected to vote on the bill this week, which includes $600 for Americans that make up to $75,000 a year. Couples that makeup to $150,000 would receive $1,200, and they would also receive an extra $600 if they have a dependent under the age of 17.
The Florida Democrat voiced her approval for some measures that are included in the bill, like “an expansion of the employee retention credit.”
This, Murphy explained, “helps businesses & non-profits terrain and rehire workers.”
Though acknowledging that “this deal took too long and is far from perfect,” Murphy is hopeful because according to her, the measure “sends immediate help to families and businesses who cannot wait any longer.”
Thrilled the bill includes an expansion of the employee retention tax credit. The ERTC helps businesses & non-profits retain and rehire workers. I’ve been fighting for this bipartisan provision since April. I’m so proud we built a broad bipartisan coalition and got it done. https://t.co/QrKvigjWtG
— Rep. Stephanie Murphy (@RepStephMurphy) December 21, 2020
Florida Rep. Darren Soto (D) also provided more information on what the bill includes, calling it a "compromise" and outlining that it provides “funding for vaccine distribution,” unemployment benefits ($300 per week for 10 weeks),” and “housing, food & school assistance & more!”
We have reached a compromise. Our #COVID19 relief bill will include:
-Funding for vaccine distribution
-$600 stimulus payments
-Relief for small biz
-unemployment benefits ($300 per week for 10 weeks)
-Housing, food & school assistance & more! 🏡 🍲 🏫 https://t.co/x0Zs8oRDv8— US Rep. Darren Soto (@RepDarrenSoto) December 21, 2020
In the bill, Small businesses will also receive relief as the Paycheck Protection Program will provide $284 billion in forgivable loans among other financial assistance.
The airline industry will receive aid, the bill will extend the eviction moratorium, and tax breaks will also be provided as well.
“We should continue to work with each other, despite our differences, to deliver more aid for Americans who are still struggling,” asserted Murphy.
Rep. Debbie Wasserman Schultz also expressed her relief that lawmakers were finally able to come together and pass a pandemic funding bill.
