" /> Senate Coronavirus Stimulus Package Includes Direct Aid, Business Tax Relief – EastTexasRadio.com
Sandlin – Find New Roads – It’s All About You Aug 2017
Dane McLamore Header
Access Financial Group
Morrell banner
Hess Louisiana Grills Header
Momentum Polaris Holiday Sales Event 2020
cypress basin hospice

Senate Coronavirus Stimulus Package Includes Direct Aid, Business Tax Relief

Senate Republicans released their “phase three” coronavirus economic stimulus package on Thursday in a follow-up to Wednesday’s package. The Senate passed an initial package on Wednesday, which originated in the House and included paid sick leave, unemployment benefits, free COVID-19 testing, and other food and medical aid. Thursday’s proposal puts stricter limits on who can use that paid leave and includes loans for small businesses of up to $10 million and a variety of tax cuts and adjustments for businesses. The bill also promises up to $1,200 in “recovery rebates” to individual Americans who made no more than $75,000 and $2,400 to joint filers who made no more than $150,000 as of their 2018 tax return. Democrats may negotiate to modify the deal, but it’ll likely have President Trump’s support.