COVID-19 Stimulus Bill Still in Discussions

Democrats want $3.4 trillion in relief. Republicans want that number to be closer to $1.1 trillion. This gap is what’s currently up for debate in Washington as Americans experience growing unemployment and a tanking economy. The Democratic-led HEROS Act would provide another round of direct payments to the American people, economic assistance for state and local governments, and housing and food assistance to those in need. The counterproposal, the Republican-backed HEALS ACT, also calls for direct payments but fails to include the other provisions.

Democrats also favor extending the $600 per week additional unemployment benefits, set to expire this weekend. Yesterday, Democrats rejected President Trump’s offer for a one-week extension, claiming that the president does not understand the severity of the situation. Both sides will continue to negotiate tonight and through the weekend.