House Democrats Put Forward $3 Trillion Coronavirus Relief Bill Proposal

By  //  May 12, 2020

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includes Another round of $1,200 stimulus payments

ABOVE VIDEO: White House Press Secretary Kayleigh McEnany speaks to press.

(FOX NEWS) – The House Democrats’ coronavirus relief proposal will reach more than $3 trillion in new spending, amounting to the biggest and most expensive aid package yet to deal with the global pandemic, Fox News has learned.

Of the more than $3 trillion package, about $1 trillion would go to state, local and tribal governments, according to three sources briefed on the proposal.

Another round of $1,200 stimulus payments also would go out to most Americans under the plan, with a maximum of $6,000 per household.

Then a flurry of cash would be allocated to struggling Americans, extending the $600 extra in weekly unemployment insurance through January and a new $175 billion benefit that would subsidize rent and mortgage payments for Americans.

House Democrats called the legislation the HEROES Act. The text of the sprawling plan was circulated Tuesday. House Speaker Nancy Pelosi is scheduled to announce the plan at 3 p.m. ET.

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WATCH: Government Officials Testify before the U.S. Senate Health, Education, Labor and Pensions CommitteeRelated Story:
WATCH: Government Officials Testify before the U.S. Senate Health, Education, Labor and Pensions Committee

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