House Democrats on Tuesday released a $3 trillion bill that includes another direct payment to each American as well as nearly $1 trillion for state…
House Democrats on Tuesday released a $3 trillion bill that includes another direct payment to each American as well as nearly $1 trillion for state and local governments that would help those struggling with unbalanced budgets amid the COVID-19 pandemic.
The bill (pdf) would provide $540 billion to states, territories, and tribal governments “to mitigate the fiscal effects stemming from the public health emergency with respect to” the pandemic.
Another $375 billion would go to cities, counties, and other local governments for the same.
The package includes $25 billion for the U. S. Postal Service, a $45 billion infusion for the small business loan program that’s been tapped by companies across the nation, and $100 billion for emergency rental assistance. And $90 billion is designated for the Department of Education to disperse through a state fiscal stabilization fund while $75 billion is designated for homeowner assistance.
Billions would go to a slew of agencies and programs, including top health agencies for producing vaccines, therapeutics, and other measures; to states for preparing for elections; and for an Emergency Broadband Connectivity Fund.
