Congress reaches agreement on $900 billion stimulus package

Congress reaches agreement on $900 billion stimulus package

After lengthy cross-party wrangling, U.S. Senate leaders reached a deal to pass a $900 billion stimulus package.

Congressional leaders announced Sunday night that they had struck a deal on a $900 billion wide-ranging aid package, primarily aimed at small businesses, unemployed Americans and health care workers. Also included in the sum is the cost of distributing vaccines.

Senate Majority Leader Mitch McConnell announced Sunday night that the leadership of both chambers “accepted the agreement.” He emphasized that the agreement “contains targeted policies that will help struggling Americans who have been waiting so long.”

In a joint statement about the deal, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said, “We are going to suppress the virus and fill the pockets of the American people.”

Full details of what will be in the aid package have not yet been released, but it is expected to include direct incentive payments of $600 for Americans with a certain level of income to support during a pandemic.Congress reaches agreement on $900 billion stimulus package