Lawmakers reach 900B stimulus deal

On Sunday evening, lawmakers reached a deal on a near 900bn stimulus package to help sustain the US economy as the pandemic continues to ravage the country. Recent economic data has highlighted an urgent need for stimulus, with weak retail sales figures and increasing jobless claim figures, demonstrating the fragility of the US economic recovery. The package includes an extension of the paycheck protection programme, funding to aid Covid19 vaccine distribution, and 600 payments to American adults.

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