Good ol’ Washington DC. Congress decided to remove aid to states from the coronavirus relief bill, which brought the total price tag down below $800 billion. But that seemed like kind of a waste since everyone was willing to go up to a trillion. So why not toss in a little early Christmas present for everyone?
The price tag of the emerging deal is roughly $900 billion, and a deal could be finalized on Wednesday, those sources said. Senate Majority Whip John Thune (R-S.D.) said the proposal would likely include direct checks to individuals of $600 to $700 and a weekly unemployment boost of $300 through March.
So there you have it: another stimulus check and three months of bonus unemployment benefits. Who says Congress can’t make deals these days?