$2 Trillion COVID-19 Phase III Relief Bill Passes The Senate – Read The Full Text Here!
What Does The COVID-19 Bill Mean For You?
The bill would extend $1,200 to most American adults and $500 for most children, create a $500 billion lending program for businesses, cities, and states, and a $367 billion employee retention fund for small businesses. It would direct $130 billion to hospitals and provide four months of unemployment insurance, among other things.
If passed by both chambers of Congress and signed by the president, the package will be the most massive government recovery measure in U.S. history, in both total dollars and dollars per capita.