Tuesday, May 12, 2020

Congressional Democrats Release Details of $3 Trillion Stimulus Plan, Including $100 Billion for Renters

Democrats in the US Congress have released details of a new $3 trillion dollar stimulus package that will go to the floor for a vote this Friday. The plan includes $875 billion for state and local governments as well as $20 billion for each tribal government. In addition, the bill allocates $75 million for mortgage relief and $100 billion in rental assistance. It would also provide $25 billion for the US Postal Service and $3.6 billion for election infrastructure. Households will also receive an additional $1,200 for adults making up to $75,000, and $1,200 per child. Read more.

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