Bipartisan Senate Group Releases Framework for $908 Billion COVID-19 Relief Bill
Today a bipartisan group of Senators including Sen. Joe Manchin (D-WV), Sen. Mitt Romney (R-UT), and Sen. Susan Collins (R-ME) released a new framework for a potential COVID-19 relief bill. This bill, which would cost $908 billion, represents a compromise between Republicans and Democrats, who have been split on the overall cost of the legislation. If passed, this bill would allocate
- $180 billion for additional unemployment insurance
- $288 billion in small business support including the Paycheck Protection Program (PPP) and EIDL
- $45 billion for transportation (Airlines, Airports, Buses, Transit and Amtrak)
Although there is not yet strong support from both sides, this compromise legislation is a sign that this group of Senators are moving towards common ground to pass the much-needed stimulus package before the end of the year.
View the full breakdown of the relief package here.
Read the Problem Solvers Bipartisan Caucus Press Release here.