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After weeks of negotiations, Congress has finally reached an agreement on a $900 billion Covid relief package that includes $600 for each adult and child.

The deal also includes an additional $300 per week in unemployment benefits and $25 billion to extend the eviction moratorium into 2021 to keep unemployed renters in their homes.

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer issued a joint statement on Sunday night.

"Today, we have reached agreement with Republicans and the White House on an emergency coronavirus relief and omnibus package that delivers urgently needed funds to save the lives and livelihoods of the American people as the virus accelerates.

"The House will move swiftly to pass this legislation immediately, so it can quickly be sent to the Senate and then to the President’s desk for his signature. With the horrifying acceleration of daily infections and deaths, there is no time to waste.

"We are going to crush the virus and put money in the pockets of the American people..."

As part of the agreement, Democrats have secured provisions that include:

  • Accelerating vaccine distribution, specifically to communities of color
  • Direct payment checks worth up to $600 per adult and child
  • Additional $300 a week unemployment insurance
  • $25 billion for rental assistance
  • Strong support for small businesses
  • $284 billion for 1st and 2nd forgivable PPP loans
  • $15 billion for movie theaters, live venues, arts centers
  • $9 billion for minority deposit institutions (MDIs)
  • Tax credit to employers offering paid sick leave to employees
  • Tax credit to help keep workers in jobs
  • $13 billion in increased SNAP and child nutrition benefits
  • $82 billion in funding for schools, colleges
  • $10 billion for child care assistance to keep child care providers open