Congress seals agreement on COVID relief, government funding

Regulatory Reform is in limbo as the Senate crafts its version of a house-passed bill. 

WASHINGTON (AP) — Top Capitol Hill negotiators sealed a deal Sunday on an almost $1 trillion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them.

The agreement, announced by Senate leaders, would establish a temporary $300 per week supplemental jobless benefits and $600 direct stimulus payments to most Americans, along with a new round of subsidies for hard-hit businesses and money for schools, health care providers and renters facing eviction.

The House was expected to vote on the legislation very late Sunday or Monday and Senate action would follow. Lawmakers are eager to leave Washington and close out a tumultuous year.

We’ll have more updates on Monday’s Market Day Report, beginning at 9am ET on RFD-TV.