March 5, 2021
COVID-19 Relief Package Sent Back to the Drawing Board
This week, Congress and President Biden began ironing out newly identified challenges facing the $1.9 trillion COVID-19 relief bill. Lawmakers are racing against the clock, as many of the current pandemic-related relief measures are set to run out unless another package is passed. The latest draft of the bill hit its biggest snag on raising the minimum wage through the budget reconciliation process; this provision has now been removed. The Senate is honing the latest version of the relief bill this week, including additional provisions on unemployment and tighter restrictions on income limits for individual relief payments. If the bill is substantially changed, it will have to return to the House for another vote.
Open document to read more; page 2.