Congress’ $900 billion pandemic relief package covers a lot of ground. The bill passed Monday establishes a temporary $300 per week supplemental jobless benefit, a $600 direct stimulus payment to most Americans and a new round of subsidies for hard-hit businesses, restaurants and theaters.
It also provides $82 billion for education, $10 billion for child care and $25 billion in rental assistance.
Food stamp benefits would temporarily be increased by 15%. The airline industry gets $15 billion and an extension of their Payroll Support Program from the previous rescue bill in March.
According to U.S. Sen. Charles Schumer, more than $50 billion will go to New York directly.
Schumer says some of the funds will be distributed as follows:
- Education: $5.8 billion
- New York State Department of Transportation: $426 million
- Airports: $105.5 million
- COVID vaccine, testing and tracing: $1.6 billion
- Rent and eviction relief: $1.3 billion
- Emergency child care: $465 million
- FEMA disaster relief for state: $1 billion
- Unemployment: $6.5 billion
- Direct payments to qualifying residents: $9 billion
- Small business relief: More than $20 billion
- Hospital and health centers: $1 billion
- Agricultural assistance: $13 billion
- Assistance for fisheries: $300 million
For more details on how funds will be allocated in New York, click here.