Congress Close To Deal On COVID-19 Relief Package Worth Close To $1 Trillion – CBS Kitchener

kitchener (CBS) – FedEx and UPS trucks launch Moderna vaccine, the second weapon to fight the COVID-19 pandemic. In the meantime, Congress seems ready to grant Americans economic relief.

The Senate reached a compromise on the aid agreement overnight. It’s worth nearly $ 1 trillion.

Pennsylvania Republican Senator Pat Toomey held up the compromise. He wanted to close the Federal Reserve’s credit facilities.

He said that at the beginning of the government-ordered shutdowns, the programs had helped stabilize parts of the economy and that they did not need to continue.

But Democrats say its termination will have tied the hands of the new Biden administration.

With this compromise, the Senate is also nearing a nearly $ 1 trillion vote on the COVID Relief Act.

This package is expected to be approved along with a $ 1.4 trillion government funding package for the new fiscal year.

This package must be voted on by midnight to avoid further government shutdowns. It all comes as Moderna’s vaccine begins to be distributed. Health care providers should receive the first doses on Monday.

Despite the good news about the two vaccines, Pfizer and now Moderna, you urge senior health officials to remain vigilant over the holidays.

If you are traveling and congregating, ask officials to get tested before you leave and four to five days after. And if possible, gather outside.

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