BREAKING: Bipartisan lawmakers introduce $908 billion COVID-19 relief framework

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The Problem Solvers Caucus, a group of bipartisan lawmakers, unveiled a $908 billion COVID-19 relief framework aimed to break stalemate between Democrats and Republicans over emergency assistance amidst the pandemic. 

The framework includes:

  • $160 billion for State, Local, and Tribal Governments
  • $180 billion for additional Unemployment Insurance (UI)
  • $288 billion for small businesses including Paycheck Protection Program (PPP)
  • $45 billion for Transportation (Airlines, Airports, Buses, Transit, and Amtrak)
  • $16 billion for Vaccine Development and Distribution 
  • $35 billion for Healthcare Provider Relief Fund
  • $82 billion for Education
  • $25 billion for Housing Assistance
  • $26 billion for Nutrition (including SNAP)
  • $10 billion for U.S. Postal Service

The unemployment benefits would reduce to $300 a week for 18 week, compared to the $600 per week included under the CARES Act. The funds would run through the first quarter of 2021. Congress is running out of time to pass a fifth relief bill with lawmakers scheduled to leave for the year as soon as next week and multiple federal assistance programs set to expire at the end of the month. 

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