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U.S. lawmakers weigh new COVID-19 stimulus funding -report -Breaking


© Reuters. FILEPHOTO: House Speaker Nancy Pelosi, D-CA and Senate Majority Leader Chuck Schumer present the “American Rescue Plan” at the enrollment ceremony after President Joe Biden passed the relief bill for COVID-19 (worth $1.9 Trillion).

WASHINGTON (Reuters] – The Washington Post reported Wednesday that U.S. lawmakers were discussing a second round of COVID-19 funding for business, in an effort to reduce the Omicron variant’s impact.

Early attempts by Republican and Democratic legislators have centered primarily on authorizing billions in aid for businesses such as restaurants, performance venues, and gyms. The report cited four sources familiar with the subject.

Two lawmakers who were behind the discussions and the White House did not respond to Washington Post’s request for comment.

This measure, if approved by Congress and signed into Law by U.S. president Joe Biden would constitute the latest federal relief package for the novel coronavirus panademic that enters its third-year, as Omicron strain sweeps the nation.

Biden was a Democrat who approved the American Rescue Plan worth $1.9 trillion in March 2021.

Donald Trump, a former Republican President of the United States, approved almost $900 billion for coronvirus funding in December 2020. This was part of larger package that included $2.3 trillion in pandemic assistance and spending.

Congress had previously passed legislation allocating $3 Trillion to counter the pandemic, which left large parts of America without power in March 2020.

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