Multiple coronavirus vaccines appear to be on the horizon, but the U.S. economy is on shaky footing, and before those vaccines are expected to become widely available, millions of Americans could first fall off an economic cliff.
Some 12 million people are expected to lose unemployment benefits the day after Christmas, and moratoriums on evictions and student debt payments are set to expire at the end of the year.
Yet Congress has been unable to reach a compromise that would alleviate that economic hardship. Despite months of on-and-off negotiations, Republicans and Democrats haven’t agreed on the terms of another COVID-19 relief bill.
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