© 2021 WYPR
50yrsHeader.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
News

Maryland Set To Receive $2 Billion In Aid (BBJ Story)

BBJ-Logo.jpg
The Baltimore Business Journal
/

Maryland's five largest jurisdictions will receive more than $2 billion in direct aid from the federal government while small businesses will also be eligible for additional assistance if Congress passes a $2 trillion stimulus package to address the impacts of the coronavirus pandemic. 

The stimulus bill passed unanimously in the U.S. Senate on Wednesday night, 96-0. House Speaker Nancy Pelosi said she expects the bill to pass in her chamber with bipartisan approval when it takes a vote on Friday. The bill's provisions to help people affected by COVID-19 include expanded unemployment insurance benefits and eligibility and billions of dollars in forgivable small business loans. Individuals and families across the U.S. will also be receiving direct one-time payments from the federal government. Adults making up to $75,000 will receive checks of $1,200 per person. Married couples making up to $150,000 will receive $2,400 and $500 per child.

READ THE FULL STORY ON THE BBJ WEBSITE.

Related Content