Senate and House leaders are on the cusp of a coronavirus relief deal that will include direct $600 to $700 direct stimulus payments and $300-per-week supplemental unemployment assistance, according to sources familiar with the talks.
The $900 billion package is the result of months of stop-and-start negotiations that received a boost in early December when a bipartisan group of senators and House members unveiled their own $908 billion package after talks between Democratic leaders and the White House stalled.
The emerging deal, however, will not include $160 billion in new state and local aid or liability protection for businesses and other organizations — two of the most contentious issues of the talk.
The new round of stimulus checks cost approximately the same as the $160 billion in state and local aid that negotiators have set aside in hopes of reaching a deal by week’s end.
Senate and House leaders want to attach the new coronavirus relief package to a $1.4 trillion omnibus spending package that needs to pass by Dec. 18 to keep the government funded.