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Congress is discussing a new version of financial aid to Americans

Senators are proposing a 4-month extension of the COVID-19 relief bill, which pays Americans an additional $ 300 a week in unemployment benefits. The edition told in more detail CNBC.

Photo: Shutterstock

On December 14, senators proposed a bill that would keep all people receiving unemployment benefits receiving an additional $ 300 a week.

$ 300 per week

A $ 300 weekly increase in benefits will not be retroactive. The federal government will pay benefits for any unemployment period from December 26 to April 19.

Earlier, Congress has already made an allowance supplement - $ 600, and US President Donald Trump - $ 300 - appointed additional payments.

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Help programs expanded

A bipartisan law, the 19 COVID-2020 Emergency Relief Act, also provides for unemployment benefits for 16 weeks under two temporary federal programs that have expired almost everywhere.

Under one of these programs, Pandemic Unemployment Assistance, benefits are paid to self-employed people, contractors, freelancers, and other workers who normally cannot receive unemployment benefits from the states.

Another pandemic unemployment assistance program offers an additional 13 weeks of benefits in programs that usually last up to six months.

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If the law is passed, the two programs will be extended until April 19.

In addition to unemployment provisions, the $ 748 billion law provides for other assistance mechanisms such as small business support, childcare benefits, rental assistance and student loan incentives.

A group of senators has also proposed a second $ 160 billion bill containing funding for state and local governments and protecting business liability from coronavirus-related lawsuits.

The total cost of the bills is $ 908 billion.

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