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The House passed a $3 trillion coronavirus bailout, dubbed the HEROES Act, with a 208-199 vote.
Spanning 1,815 pages, the bill outlines a list of priorities, including another round of $1,200 stimulus checks, a raise for essential workers, and increased health insurance coverage.
Despite passage in the House, it is not likely to be backed by Senate Republicans, who have expressed disapproval of the bill.
During its unveiling by House Democrats earlier this week, Senate Majority Leader Mitch McConnell called the bill a “big laundry list of pet priorities” that has “no chance of becoming law.”
However, being signed into law is not entirely the mission of the HEROES Act.
“Instead, its passage was meant for Democrats to demonstrate their priorities and signal what they will fight for in a later bipartisan bill that could pass in June,” Business Insider’s Kimberly Leonard reported.
Visit Business Insider’s homepage for more stories.

The House passed a second $3 trillion bill aimed at providing relief and support to those impacted by the coronavirus pandemic on Friday.

The bill, known as the Health and Economic Recovery Omnibus Emergency Solutions Act, or the HEROES Act, follows the first coronavirus bailout signed into law in late March with bipartisan support, the CARES Act.See the rest of the story at Business Insider

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When it comes to managing money, especially during a global health and financial crisis, prioritization is key.
Whether you’re earning a reduced salary, collecting unemployment, or just trying to make smart decisions for the future, answering a few questions can help you make the most of every dollar.
If you’re in a secure financial position and looking to the future, SmartAsset’s free tool can find a financial planner to help »

As if managing money wasn’t hard enough, chances are you have some new obstacles to contend with during the coronavirus outbreak.

Financial unrest is an unfortunate reality right now, but that doesn’t mean you should throw caution to the wind. You still have a chance to be thoughtful about the money you have coming in, whether you’re earning a reduced salary, collecting unemployment benefits, or simply preparing for an uncertain future. See the rest of the story at Business Insider

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