Senate Republicans on Monday unveiled a coronavirus relief package that reduces the size of enhanced unemployment benefits — in the short term to an extra $200 per week, from the current $600…
Their proposals also include COVID-19 liability protections for businesses so they “can spend their next months actually reopening rather than fighting for their lives against frivolous lawsuits,” said Senate Majority Leader. The protections would be in place as long as businesses made reasonable efforts to comply with public health guidelines and did not engage in “grossly negligent” behavior.
Other aspects of the GOP plan include another round of $1,200 “rebate” payments, with those who have incomes up to $75,000 eligible for the full amount. Other provisions include an enhanced hiring and payroll tax credit, and another to extend another round of loans to hard hit small businesses, or those that have seen a revenue loss of greater than 50%. Another program would extend longer term loans to certain seasonal businesses and those in low income areas.
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