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US lawmakers weigh new Covid-19 stimulus funding

Reuters . Washington
05 Jan 2022 20:48:59 | Update: 05 Jan 2022 20:48:59
US lawmakers weigh new Covid-19 stimulus funding
A nurse wearing personal protective equipment stands outside of Elmhurst Hospital during the ongoing outbreak of the coronavirus disease in the Queens borough of New York, US, April 20, 2020 — Reuters File Photo

US lawmakers are discussing another possible round of Covid-19 stimulus spending for businesses, seeking to blunt the impact of the fast-spreading Omicron variant, the Washington Post reported on Wednesday.

Early efforts by Democratic and Republican lawmakers have focused primarily on authorising billions of dollars to help businesses including restaurants, performance venues, gyms and minor league sports teams, the report said, citing four people familiar with the matter.

The White House declined to comment to the Washington Post, as did two lawmakers cited as behind the talks.

Such a measure, if passed by Congress and signed into law by US President Joe Biden, would be the latest federal relief package as the ongoing novel coronavirus pandemic enters its third year, this time as the Omicron variant sweeps the country.

Biden, a Democrat, approved the $1.9 trillion "American Rescue Plan" in March 2021.

Former Republican US President Donald Trump approved nearly $900 billion in coronavirus-related funding into law in December 2020 as part of a larger $2.3 trillion pandemic aid and spending package.

Before that, Congress had passed bills allocating $3 trillion to combat the pandemic that shut down much of the United States in March 2020.

 

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