Second Coronavirus Economic Relief Bill Agreement Reached

Tim Moran

WASHINGTON, DC — Leaders on Capitol Hill have agreed on a second coronavirus economic relief bill, according to multiple reports.

Senate Majority Leader Mitch McConnell said "the four leaders of the Senate and the House finalized an agreement," CNN and others have reported.

"There will be another major rescue package for the American people," McConnell said.

The $900 billion relief bill would establish a temporary $300 per week supplemental jobless benefits and $600 direct stimulus payments to most Americans, along with a new round of subsidies for hard-hit businesses and money for schools, health care providers and renters facing eviction, according to The Associated Press.

The new bill is also expected to include $25 billion in rental assistance to families impacted by the pandemic, according to Reuters.

McConnell and Senate Minority Leader Chuck Schumer said earlier that a vote could come on the new relief bill as early as Sunday night.

“It is packed with targeted policies to help struggling Americans who have already waited too long,” McConnell said.

This article originally appeared on the White House Patch