After months and months of delay, Congress has passed a $900 billion stimulus package that promises to accelerate vaccine distribution and deliver much-needed aid to small businesses and Americans who have been struggling to get by.
What's happening: The White House has said that President Donald Trump will sign the legislation once it reaches his desk, clearing the way for the bill to quickly become law.
Key provisions include:
- Direct payments of up to $600 per adult and child
- Enhanced jobless benefits of $300 per week
- Assistance for small businesses, including $284 billion for forgivable Paycheck Protection Programs loans and $15 billion for live venues, independent movie theaters, and cultural institutions
- $25 billion for rental assistance and an eviction moratorium extension
- $45 billion to support transportation services, including airports, Amtrak, and airline employees
Julia Horowitz | CNN Business