Congress has reached a deal on a nearly $900 billion COVID-19 relief package that includes individual checks, loans to small businesses and benefits to the unemployed.
The COVID-19 relief legislation includes stimulus checks for millions of Americans of up to $600 per person. The size of that benefit would be reduced for people who earned more than $75,000 in 2019 and disappear altogether for those who earned more than $99,000. The stimulus checks would provide $600 per adult and child, meaning a family of four would receive $2,400 up to a certain income.
Congress would also extend federal unemployment benefits of up to $300 per week, which could start as early as Dec. 27.
U.S. Travel Association President and CEO Roger Dow issued the following statement on the announced bipartisan agreement on a COVID relief package:
“Washington is delivering a huge holiday gift to U.S. businesses and workers after an incredibly challenging year.
“It’s been a difficult road to get another round of much-needed legislative relief moving in Washington. We applaud the bipartisan group of senators that drove progress forward, and the congressional leadership for striking a bipartisan agreement to produce this desperately needed assistance. The agreed-upon provisions will give many suffering businesses a bridge to 2021.
“More will be needed to restore the 4.5 million travel jobs lost in the travel and tourism industry, but the process that produced this agreement is hopefully a positive sign for what will be possible to achieve in the next Congress. We urge swift action on this important legislation.”
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