Senate passes stimulus bill, sends to Trump for signature

The Senate on Monday night approved a $2.3 trillion COVID-19 relief bill and sent it to President Trump for his signature.

The legislation — which follows passage in the House — authorizes $600 stimulus checks for people who earn less than $75,000 per year and an extra $600 payment per child.

The bill contains a weekly unemployment insurance supplement of $300 and also has $284.4 billion in Paycheck Protection Program forgivable loans for small businesses.

It allocates $82 billion for schools and colleges, $40 billion for vaccine distribution and virus testing, $25 billion in rental assistance and $15 billion for live entertainment venues.

Source: Senate passes stimulus bill, sends to Trump for signature

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