Who benefits from the coronavirus stimulus package?


Victoria Feng, Staff Reporter

While among the most touted programs from the $2 trillion aid package signed into law on Friday are the direct payments for many Americans, other institutions also benefited. Here’s a look at some of the details of the bill:

  • The Reader reports that the direct payments for Americans will cost approximately $300 million, with an additional $260 million going to extra unemployment benefits for individuals such as freelancers, contractors, self-employed people and gig workers.
  • According to Fox News, $25 million will go to the Kennedy Center. This comes after an email from the center’s president Deborah Rutter was leaked that the National Symphony Orchestra musicians would be getting their last paycheck on April 3.  Representative Rick Scott (R-Fl.) was among many Republicans to voice their disapproval over the funding for the Kennedy Center and sent a letter to the Office of Management and Budget Acting Director Russ Vought to freeze the payment.
  • According to Fox News, $75 million will go to the Corporation for Public Broadcasting (CPB), which funds organizations such as National Public Radio (NPR). While House Speaker Nancy Pelosi (D-Calif.) originally proposed $300 million, Republicans like President Donald Trump had called for no funding to go towards CPB.
  • In a press release by the National Endowment for Humanities, it said that $75 million will go to the organization. According to the release, the funds will help provide emergency funding to “at-risk” positions and projects at institutions like museums and libraries. 40 percent will go to state and jurisdictional humanities councils and reach an international audience. An additional $75 million will also go to the National Endowment for Arts.


For more information: https://www.politico.com/news/2020/03/25/whats-in-stimulus-package-coronavirus-149282 and https://beta.documentcloud.org/documents/20059055-final-final-cares-act