U.S. Congressmen to Submit $ 1.5 Trillion Aid Bill to Fight COVID-19

U.S. Congressmen to Submit $ 1.5 Trillion Aid Bill to Fight COVID-19

WASHINGTON (Reuters) – A bipartisan group of 50 Democrats and Republicans – members of the U.S. Congress – is set to unveil a $ 1.5 trillion coronavirus bailout bill on Tuesday, which could be a sign of breaking the deadlock in negotiations between the White House and leading Democrats.

Members of both parties in the House of Representatives are required to present the bill at a press conference at 6:00 pm Moscow time.

The proposal includes another round of direct payments to Americans, $ 500 billion for state and local governments, and additional unemployment benefits. The assistance programs, according to a source familiar with the plan, will extend beyond the presidential inauguration in January 2021.

(David Morgan. Translated by Olga Beskrovnova. Editor Anna Kozlova)

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