Highlights of Congress’ $2.2 trillion virus relief package

Some highlights of a $2.2 trillion package to help businesses, workers and a health care system staggered by the coronavirus pandemic. The bipartisan compromise was approved by the Senate Wednesday night, and House leaders predict final congressional approval Friday.

Posted: Mar 26, 2020 1:05 PM

WASHINGTON (AP) — Some highlights of a $2.2 trillion package to help businesses, workers and a health care system staggered by the coronavirus pandemic. The bipartisan compromise was approved by the Senate Wednesday night, and House leaders predict final congressional approval Friday.

— Loans and guarantees to businesses, state and local governments: $500 billion. Includes up to $50 billion for passenger airlines and $8 billion for air cargo carriers, half the money specifically for paying workers. $17 billion for “businesses critical to maintaining national security.” Companies accepting loans may not repurchase outstanding stock or pay dividends until one year after borrowing is repaid; must maintain employment levels they had March 24, 2020, “to the extent practicable” through Sept. 30, and not cut jobs by over 10 percent from that level; or give raises to executives earning over $425,000 annually until loan repaid. Companies are not eligible for loans if top Trump administration officials, members of Congress or their families have 20% control.

— Small businesses: Includes $350 billion in loans for companies with 500 employees or fewer, including nonprofits, self-employed people and hotel and restaurant chains with up to 500 workers per location. Government provides eight weeks of cash assistance through loans to cover payroll, rent and other expenses, much of which would be forgiven if the company retains workers. Also $17 billion to help small businesses repay existing loans; $10 billion for grants up to $10,000 for small businesses to pay operating costs.

— Emergency unemployment insurance: $260 billion. Weekly benefit increase of $600 for four months. Includes extra 13 weeks of coverage for people who have exhausted existing benefits. Also covers part-time, self-employed, gig economy workers.

— Health care: $150 billion. Includes $100 billion for grants to hospitals, public and nonprofit health organizations and Medicare and Medicaid suppliers.

— Aid to state and local governments: $150 billion, at least $1.5 billion for smallest states.

— Direct payments to people: One-time payments of $1,200 per adult, $2,400 per couple, $500 per child. Amounts begin phasing out at $75,000 for individuals, $150,000 per couple.

— Tax breaks: Temporarily waives penalties for virus-related early withdrawals, eases required minimum annual disbursements from some retirement accounts; increases deductions for charitable contributions. Employers who pay furloughed workers can get tax credits for some of those payments. Postpones business payments of payroll taxes until 2021 or 2022.

— Department of Homeland Security: $45 billion for disaster relief fund to reimburse state and local governments for medical response, community services, other safety measures. Extends federal deadline for people getting driver’s licenses with enhanced security features, called REAL ID, from Oct. 1, 2020, to Sept. 30, 2021.

— Education: $31 billion. Includes $13.5 billion for states to distribute to local schools and programs, $14 billion for universities and colleges.

— Coronavirus treatments: $27 billion for research and development of vaccines and treatments, stockpiling medical supplies.

— Transportation: Includes $25 billion for public transit systems; $10 billion for publicly owned commercial airports, intended to sustain 430,000 transit jobs; $1 billion for Amtrak.

ADVERTISEMENT

— Veterans: $20 billion, including $16 billion for treating veterans at VA facilities; $3 billion for temporary and mobile facilities.

— Food and agriculture: $15.5 billion for food stamps; $14 billion for supporting farm income and crop prices; $9.5 billion for specific producers including specialty crops, dairy and livestock; $8.8 billion child nutrition. Money for food banks, farmers’ markets.

— Defense: $10.5 billion for Defense Department, including $1.5 billion to nearly triple the 4,300 beds currently in military hospitals; $1.4 billion for states to deploy up to 20,000 members of National Guard for six months; $1 billion under Defense Production Act to help private industry boost production of medical gear. Money cannot be used to build President Donald Trump’s proposed wall along Mexican border.

— Social programs: Includes $3.5 billion in grants for child care and early education programs; $1 billion in grants to help communities address local economic problems; $900 million in heating, cooling aid for low-income families; $750 million for extra staffing for Head Start programs.

— Economic aid to communities: $5 billion in Community Development Block Grants to help state and local governments expand health facilities, child care centers, food banks and senior services; $4 billion in assistance for homeless people; $3 billion for low-income renters; $1.5 billion to help communities rebuild local industries including tourism, industry supply chains, business loans; $300 million for fishing industry.

— Native American communities: $2 billion for health care, equipment schools and other needs.

— Diplomacy: $1.1 billion, including $324 million to evacuate Americans and diplomats overseas; $350 million to help refugees; $258 million in international disaster aid; $88 million for the Peace Corps to evacuate its volunteers abroad.

— Elections: $400 million to help states prepare for 2020 elections with steps including expanded vote by mail, additional polling locations.

— Arts: $150 million for federal grants to state and local arts and humanities programs; $75 million for Corporation for Public Broadcasting; $25 million for Washington, D.C., Kennedy Center for the Performing Arts.

— Congress: $93 million, including $25 million for the House and $10 million for the smaller Senate for teleworking and other costs; $25 million for cleaning the Capitol and congressional office buildings.

___

Sources: Legislative text, summaries from Senate Republicans and Democrats.

Terre Haute
Clear
71° wxIcon
Hi: 75° Lo: 45°
Feels Like: 71°
Robinson
Clear
71° wxIcon
Hi: 73° Lo: 42°
Feels Like: 71°
Indianapolis
Few Clouds
68° wxIcon
Hi: 73° Lo: 46°
Feels Like: 68°
Rockville
Clear
68° wxIcon
Hi: 73° Lo: 45°
Feels Like: 68°
Casey
Clear
70° wxIcon
Hi: 73° Lo: 44°
Feels Like: 70°
Brazil
Clear
71° wxIcon
Hi: 74° Lo: 45°
Feels Like: 71°
Marshall
Clear
71° wxIcon
Hi: 73° Lo: 43°
Feels Like: 71°
Sunshine and pleasant for your Sunday
WTHI Planner
WTHI Temps
WTHI Radar

Latest Video

Image

Sunday Morning Forecast Update

Image

Paris Tigers Let Us Play Movement

Image

Girls Golf Sectionals

Image

Humane society in need of help, fundraiser makes a dent

Image

First responders honored at annual event

Image

Family speaks after guilty verdict

Image

A family in Orange Beach, Alabama rode out and survived Hurricane Sally only then to have their hou

Image

Saturday Morning Forecast Update

Image

PIke Central vs Washington 9-18-20

Image

Linton vs Booneville ITZ 9-18-20

WTHI Events

 

Illinois Coronavirus Cases

(Widget updates once daily at 7 p.m. CT)

Confirmed Cases: 275041

Reported Deaths: 8672
CountyConfirmedDeaths
Cook1385765157
DuPage16622550
Lake16285484
Will13330372
Kane12554325
St. Clair6239183
Madison5291130
Winnebago5218149
McHenry4385118
Champaign432020
Peoria317448
McLean312019
Rock Island277171
Kankakee263176
Unassigned2241236
Sangamon222244
Kendall187925
LaSalle159055
Tazewell153818
DeKalb142438
Macon135836
Coles134228
Williamson129634
Jackson122524
Clinton105120
Boone101223
Adams97110
Randolph91111
Effingham8091
Whiteside67619
Grundy6255
Monroe62515
Ogle6196
Henry6145
Morgan61221
Vermilion5884
Knox5813
Bureau56711
Jefferson55537
Union49524
Marion4910
Macoupin4867
Franklin4772
Stephenson4616
McDonough44415
Logan4281
Christian42710
Woodford3865
Cass38011
Jersey37813
Crawford3481
Iroquois34819
Shelby3454
Perry33214
Lee3251
Montgomery31813
Livingston3125
Fayette3063
Warren3002
Bond2864
Douglas2735
Saline2453
Lawrence2422
Wayne2405
Jo Daviess2352
Greene2075
Moultrie2073
Carroll2044
Cumberland1934
Jasper1929
Washington1891
Hancock1833
Pulaski1561
White1560
Clark1462
Fulton1440
Johnson1440
Richland1444
Clay1380
Wabash1371
Piatt1290
Mercer1275
Mason1221
Menard1150
Edgar1097
Pike1081
De Witt971
Ford944
Massac932
Marshall920
Alexander691
Gallatin682
Scott670
Hamilton650
Henderson620
Edwards600
Stark502
Schuyler440
Putnam420
Brown360
Calhoun350
Hardin340
Pope261
Out of IL20

Indiana Coronavirus Cases

(Widget updates once daily at 8 p.m. ET)

Confirmed Cases: 110759

Reported Deaths: 3503
CountyConfirmedDeaths
Marion20645758
Lake10172317
Elkhart6321108
St. Joseph600797
Allen5921200
Hamilton4646109
Vanderburgh327129
Hendricks2638121
Monroe236836
Johnson2250122
Tippecanoe218413
Clark210156
Porter203344
Cass19279
Delaware184261
Vigo175722
Madison156575
LaPorte135637
Floyd130061
Howard127063
Kosciusko118717
Bartholomew114557
Warrick111935
Marshall98024
Boone94446
Dubois94018
Hancock90042
Noble87632
Grant86733
Henry75424
Wayne73714
Jackson7319
Morgan69438
Shelby66329
Daviess63927
LaGrange62911
Dearborn62128
Clinton59112
Harrison55624
Putnam5209
Montgomery50221
Lawrence50028
White47814
Knox4769
Gibson4644
Decatur45339
DeKalb44211
Miami4223
Fayette41713
Greene41535
Jasper3802
Steuben3647
Scott35310
Sullivan32812
Jennings30812
Posey2940
Franklin29325
Clay2925
Orange28224
Ripley2788
Carroll26913
Wabash2608
Washington2571
Starke2487
Wells2472
Whitley2476
Adams2403
Jefferson2403
Fulton2302
Huntington2173
Spencer2154
Tipton21522
Randolph2067
Perry20213
Newton17011
Jay1680
Owen1641
Martin1590
Rush1494
Pike1361
Vermillion1250
Fountain1152
Blackford1142
Pulaski1131
Crawford1020
Brown1013
Parke932
Benton880
Union770
Ohio767
Switzerland680
Warren401
Unassigned0225