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Senate vote expected on $2 trillion economic stimulus package

Sarah D. Wire, Los Angeles Times on

Published in News & Features

-- An additional $150 billion for hospitals, including $100 billion in grants that can be used by nursing homes, hospitals, clinics and other health care providers scrambling for medical supplies such as face masks, gloves and ventilators.

-- An inspector general to oversee $500 billion in loans the Treasury Department will distribute to industries affected by the pandemic and a new five-person congressional committee to conduct oversight of the federal government's spending on the COVID-19 response. The original bill left it to the Treasury Department to determine which businesses get loans and allowed it to wait up to six months to disclose where the money went.

-- The bill would prohibit businesses controlled by the president, vice president, members of Congress and heads of executive branch departments from receiving loans or investments from the Treasury programs. Their children, spouses and in-laws also cannot benefit.

-- $400 million for states to prepare for the 2020 elections, aimed at making it easier for states to move toward vote by mail and early voting. It does not require states to participate and is more than double the $140 million in the original bill.

-- $25 million for the John F. Kennedy Center for the Performing Arts in Washington, D.C., which is much closer to the $35 million Democrats asked for than the $1 million in the original Republican proposal.

 

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