Congressional Leaders Agree on $900 Billion Pandemic Relief

The transcript discusses a tentative bipartisan accord on a $900 billion relief bill, which includes jobless aid, direct payments, and vaccine distribution. The House will vote on the bill on Monday, followed by the Senate. Key issues include the exclusion of liability protection and state aid, and debates over the Fed's emergency lending powers. The bill is expected to pass, providing momentum for the incoming Biden administration.

What is the total value of the stimulus bill discussed in the first section?

• $1 trillion

• $500 billion

• $900 billion

• $1.5 trillion

Which key component is NOT included in the stimulus bill as per the second section?

• Liability protection for companies

• Direct payments to Americans

• Extended jobless aid

• Funding for vaccine distribution

What was a major sticking point in the negotiations related to the Fed's powers?

• Increasing the stimulus checks

• Limiting the Fed's emergency lending powers

• Adding more state and local aid

• Reducing the bill's total value

Who led the effort to limit the Fed's powers in the stimulus bill?

• Senator Mitt Romney

• Senator Mitch McConnell

• Senator Chuck Schumer

• Senator Pat Toomey

What sentiment is believed to have influenced the final agreement on the stimulus bill?

• Reducing government spending

• Strengthening the Fed's powers

• Helping the American people

• Political gain