Senate Passes Virus Relief; Sends Bill to Trump: Congress Update

[Polybius]

Source: Yahoo! Finance

(Bloomberg) -- The Senate passed the massive year-end legislation combining $900 billion in pandemic relief with $1.4 trillion to fund federal agencies through fiscal 2021.

The Senate’s 91-7 vote sends the bill to President Donald Trump to sign into law. The House passed the legislation earlier Monday night.

The total bill is worth more than $2.3 trillion, including support for small businesses impacted by the pandemic, $600 payments for most individuals, supplemental unemployment insurance, regular funding for federal agencies and a bevy of tax breaks for companies.

Other Developments:

Read more: https://finance.yahoo.com/news/mnuchin-says-stimulus-checks-coming-161024184.html

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91-7