Details: The deal — as it stands currently — dedicates $250 billion to go directly to Americans. Many individuals will receive $1,200 direct deposits, along with an additional $500 for each child. A family of four would receive $3,000. That money begins to phase out for Americans making more than $75,000 per year.
- The package allots $350 billion to small businesses to help keep workers on payroll. Mnuchin said this morning that these "small business retention loans" will be forgiven.
- The deal offers 39 weeks of unemployment insurance to eligible workers, retroactive to Jan. 27.
- It also includes $242 billion for public safety net programs, including more money for SNAP, child nutrition and the Centers for Disease Control. Hospitals will get roughly $110 billion, according to Mnuchin.
- The original Phase 3 bill text called for $208 billion in loans to airlines and other industries, which would have to be repaid. This number may still change.
The latest: Senate Majority Leader Mitch McConnell led a meeting this morning with Treasury Secretary Steven Mnuchin, Minority Leader Chuck Schumer, House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy to hammer out the sticking points.
- But Democrats left the meeting protesting that the bill is a corporate slush fund that doesn't do enough to protect workers from layoffs, gives the Treasury too much power to make its own decisions, and doesn't provide any money for state and local governments, among other complaints.
- McConnell then pushed a 3pm vote on a motion to proceed — which requires 60 votes — to 6pm, giving the two sides more time to negotiate.
- After a series of additional talks, the cloture vote failed along party lines 47-47, forcing the group back to the negotiating table.
Senate's trillion-dollar coronavirus stimulus bill hits speed bump
Negotiations broke down on Sunday, leading to a failed procedural vote.
www.axios.com
It would include, according to the summary:
- Direct payments to individuals of $1,500 and up to $7,500 for a family of five.
- No cost-sharing for coronavirus vaccines and treatments, including for the uninsured.
- Expanded access to paid family and medical leave.
- $500 billion in grants and interest-free loans to small businesses.
- Strengthened unemployment insurance, with $600 per week for people affected by coronavirus and eligible for unemployment benefits.
- $150 billion in funding for hospitals, community health centers and government health programs.
- $60 billion in funding for schools and universities along with student debt relief.
- More funding for the Supplemental Nutrition Assistance Program and other food assistance programs.
- $4 billion in state election grants and a national requirement for 15 days of early voting and no-excuse absentee voting as fears grow about coronavirus spreading at crowded polling sites.
The Pelosi legislation appears to have many of the same goals as the Senate plan, but it remains to be seen how differently the packages are structured.
House Democrats introduce a $2.5 trillion coronavirus stimulus plan as Senate bill stalls
House Democrats unveiled economic stimulus legislation in response to the coronavirus pandemic that differs from a Senate bill.
so for those caping for trump and the right...for those carping about tangibles....whats up??
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You can be very solidly middle class and still have way too much income to benefit from this dumb shit. 
