WASHINGTON—Lawmakers reached a final agreement on the roughly $900 billion coronavirus relief package, moving Congress closer to approval of a fresh infusion of aid to households, small businesses and schools after months of gridlock.
The emerging agreement is expected to provide a $600 direct check to many Americans, $300 a week in enhanced federal unemployment benefits, and aid for schools, vaccine distribution and small businesses.
Negotiators on Sunday had been finalizing details for the rest of the bill after settling a disagreement on the Federal Reserve’s emergency lending powers earlier in the weekend. Senate Majority Leader Mitch McConnell (R., Ky.) on Sunday afternoon said all outstanding issues were settled.
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