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Senators unveil $908B Coronavirus Relief Proposal amid Gridlock

The bill includes $300 billion in Paycheck Protection Program funding; $180 billion to boost federal unemployment benefits; and $240 billion in state and local government aid

A bipartisan group of senators on Tuesday unveiled a $908 billion coronavirus relief deal after months of congressional gridlock over another emergency aid package for American workers and businesses still reeling from the pandemic.

“It won’t make everyone happy,” Sen. Mark Warner, D-Va., said during a press conference on Tuesday. “But there’s been an enormous amount of work done.”

The bipartisan agreement allocates about $300 billion in funding for small businesses through the Paycheck Protection Program, $240 billion in aid for state and local governments, $180 billion to extend boosted unemployment benefits at $300 per week for four months and a temporary moratorium on COVID liability lawsuits to allow states enough time to design their own laws. It notably does not include a second stimulus check.

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