Thread by @politico

The $900 billion Covid relief deal is here. If passed by both chambers, the stimulus package will provide another round of direct payments, enhanced unemployment benefits and more.

Here’s a breakdown of what’s inside 👇
politico.com/news/2020/12/2…

$166 billion in direct checks

Individuals making up to $75,000/year will get $600.
Couples making up to $150,000 will receive $1,200, plus $600 per child. politi.co/3h86utG

$120 billion in extra unemployment help

Jobless workers will get an extra $300/week in federal cash through March 14. This also extends employment benefits to self-employed people, gig workers and those who’ve exhausted their state benefits. politi.co/3h86utG

$325 billion for small businesses

This includes:
• $284 billion in loans through the Paycheck Protection Program
• $20 billion for businesses in low-income communities
• $15 billion for struggling live venues, theaters and museums politi.co/3h86utG

$69 billion for vaccines, testing and tracing

The package includes $20 billion for the purchase of vaccines, nearly $9 billion for vaccine distribution and about $22 billion to help states with testing, tracing and Covid-19 mitigation programs.
politi.co/3h86utG

Rental aid and an eviction ban

Of the $25 billion in federal rental assistance, $800 million is set aside for Native American housing entities. The federal eviction ban has been extended through the end of January.
politi.co/3h86utG

Meanwhile, the $1.4 trillion government funding deal includes a pay boost for troops, status quo on the border wall, an agreement to protect patients from “surprise” medical bills and more.

Catch up with what else is in the massive year-end package: politico.com/news/2020/12/2…