WASHINGTON—After more than six months of gridlock, Congress has come to an agreement on a pandemic relief package, delivering long-awaited money to households and businesses. The stimulus package, worth $900 billion, is combined with a $1.4 trillion omnibus spending bill and several other legislative proposals. The agreement leaves out two main sticking points in the talks—a liability shield for businesses against COVID-19 litigation, and funding for state and local governments. “The deal in many ways resembles recent proposals from a bipartisan group of lawmakers and Treasury Secretary [Steven] Mnuchin, both of which cost over $900 billion,” the Committee for a Responsible Federal Budget (CRFB) stated in a report that analyzes the relief deal. Here’s what’s in the package: Direct Checks The relief bill provides a $600 direct payment to many Americans. That’s half the size of the $1,200 checks provided under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) passed in March. The bill …
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