The Senate late Wednesday passed a historic $2.2 trillion economic rescue package that will steer aid to American businesses, workers and health care systems in the wake of Coronavirus epidemic. The final vote was 96-0.
According to CNN News, individuals who earn $75,000 in adjusted gross income or less would get direct payments of $1,200 each, with married couples earning up to $150,000 receiving $2,400 plus $500 per each child. The payment would scale down by income, phasing out entirely at $99,000 for singles and $198,000 for couples without children.
The House will convene at 9 a.m. on Friday to consider the relief package and there is a consideration of conducting a voice vote that would prevent having all members in the house.
Almost a third of the world is under some form of lockdown, and this motivated the White House and Senate leaders to reach an agreement on a landmark vote to combat the economic impact of coronavirus.
According to the public records the global death toll from the new coronavirus surpassed 20,000 on Wednesday and the number of confirmed COVID-19 infections worldwide climbed to more than 454,000. In the U.S., more than 65,000 people have tested positive and over 940 have died of the disease leading to overstretched healthcare system and lockdown in some major cities.