Here's What's in the $2 Trillion <br />Coronavirus Stimulus Bill The bill was passed 96-0 in <br />the Senate and is expected to <br />pass in the House on Friday. These are some of the bill's highlights, <br />according to CNN: Single Americans will receive $1,200, <br />married couples will receive $2,400 and parents <br />will get $500 for any child under age 17. But those who make over $99,000 will <br />not qualify, and payments will phase <br />out for anyone making over $75,000. Student loans will be suspended <br />without penalty through Sep. 30. Jobless workers would receive an <br />extra $600 a week for four months <br />in addition to their state benefits. Lawmakers also want to add up to 13 weeks <br />of extended benefits and implement a new <br />pandemic unemployment assistance program. Independent contractors, gig workers <br />and the self-employed would qualify <br />for assistance under the program. The Treasury Department will be able <br />to provide $500 billion in loans, <br />loan guarantees and investments to passenger and cargo air carriers, <br />national security businesses, states, <br />municipalities and other businesses. Federally elected officials and their <br />relatives cannot receive funds from the <br />$500 billion program, including president Trump. According to the American <br />Hospital Association, about <br />$117 billion will go to hospitals. Landlords with a federally backed <br />mortgage loan cannot evict tenants for <br />a 120-day period or charge late fees. Homeowners will be given a forbearance on federally <br />backed mortgage loans for up to 60 days, with the <br />option to extend for four periods of 30 days each. $450 million will go to The Emergency Food Assistance <br />Program. $200 million will provide food assistance <br />in Puerto Rico and other U.S. territories. $100 million will go <br />toward food distribution on <br />American Indian reservations. Other funds will go to airlines and airports, <br />the Defense Department, the State Department, <br />the Peace Corps and the Kennedy Center. Additionally, the deadline to obtain a <br />REAL ID to board an aircraft will be <br />extended until at least Sep. 2021.
