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4 ways the Senate GOP’s new coronavirus stimulus bill ‘falls short,’ according to critics

July 28, 2020

Via: Fortune

Senate Republicans finally unveiled their proposal for a new coronavirus stimulus package on Monday—a roughly $1 trillion plan known as the HEALS (Health, Economic Assistance, Liability Protection, and Schools) Act, which follows up on the $2.2 trillion CARES Act passed by Congress in March.

Like its predecessor, the bill seeks to aid American households and businesses suffering the economic effects of the coronavirus pandemic. That includes another round of direct “economic impact payments”—more commonly known as stimulus checks—to American taxpayers, as well as extended (albeit more limited) federal unemployment benefits and a renewal of the Paycheck Protection Program for small businesses.

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