The latest: Senate majority leader announces approximately $900 billion deal on emergency relief package.
Here’s what’s in the new $900 billion stimulus package. | Read the summary PDF
The White House also secured a ‘three martini lunch’ tax deduction in a draft of the relief package. Trump has long seized on the tax break as a way to revive the restaurant industry.
Trump wanted to issue $2,000 stimulus checks, but was talked out of it by White House aides. Instead lawmakers included $600 stimulus checks in the package.
The 50 biggest U.S. companies have turned a profit since the pandemic.
Nearly 80 percent of Americans received a stimulus check earlier this year.