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United States Congress passes $892bn in COVID relief measures

Business

United States Congress passes $892bn in COVID relief measures

By magic

December 22, 2020

After months of partisan conflict, the United States Congress has approved a nearly $900bn emergency spending bill to tackle to the COVID-19 pandemic.

The COVID-19 relief bill provides $284bn for loans to small business to keep workers employed and $166bn for $600 one-time payments to most US citizens among other measures.

House Speaker Nancy Pelosi, the top Democrat in the US Congress, called the bill “a first step” towards giving incoming President-elect Joe Biden the resources needed to “crush the virus”.

The House approved the measure by a vote of 359-53 and the Senate voted 91-7 to send the bill to President Donald Trump who is expected to sign it.

Terms of the bill were agreed in marathon negotiations among congressional leaders and the White House that ended with agreement over the weekend.