For several days members of the House and Senate have been debating an emergency relief bill that would help American citizens and companies being impacted by the COVID-19 protective measures. It’s taking pulling a lot of pork, but they’ve finally reached an agreement.
The White House and the US Senate leaders here on Wednesday reached an agreement on the $2 trillion coronavirus spending bill aimed at alleviating the economic impact of the outbreak, the top Republican lawmaker said.
Under the plan, people making up to $75,000 a year are expected to receive checks for $1,200. Couples making up to $150,000 would receive $2,400, with an additional $500 per child. The new agreement removed the phased-in provision that would have excluded lower-income Americans from receiving the full benefit, NBC news reported.
The report goes on to say:
The payments would decrease for those making more than $75,000, with an income cap of $99,000 per individual or $198,000 for couples.
“At last, we have a deal,” Senate Majority Leader Mitch McConnell said citing the massive “wartime level of investment into our nation.” McConnell said he expected the Senate to pass the legislation on Wednesday.