What Is in the $900 Billion Covid-19 Aid Bill

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Congress is set to pass a $900 billion Covid-19 aid bill that includes assistance for households and businesses, as well as funding for vaccine distribution and more. Here are some highlights of what is in the legislation.

and more. But the bill excluded the Republican priority of liability protections for businesses and other entities, and left out a pot for state and local funding desired by Democrats.The legislation would authorize a second round of economic-impact payments, following the checks Americans received in the spring and summer, at a cost of $166 billion.

Households would receive $600 for each adult and $600 for each dependent, instead of $1,200 and $500, respectively, in the first round. Mixed-status households, where some people are ineligible noncitizens, would get payments based on the number of eligible people in the households, as opposed to being shut out as they were in the first round.

The payments would be based on income from 2019 and begin phasing out for individuals with adjusted gross incomes over $75,000 and married couples over $150,000. If the spring offers a precedent, electronic payments could start arriving within two weeks.

 

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