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'Close to an agreement' | 2nd COVID-19 relief bill could include more stimulus checks

For those who are unemployed, the bill could give an extra $300 dollars a week to partially replace the extra $600 dollars a week that expired this summer.

HOUSTON — Congress is hoping to have a new coronavirus relief bill very soon, and that could mean another round of stimulus checks.

RELATED: Negotiators near agreement on second stimulus check in long-delayed COVID-19 aid bill

After months of gridlock, progress is finally being made.

“We are close to an agreement. It's not a done deal yet, but we are very close," Senate Minority Leader Chuck Schumer said.

The current deal on the table is set at $908 billion -- less than half the total amount of the CARES Act signed back in March.

It includes another round of stimulus checks of about $600 to $700 for most Americans. But some lawmakers are still pushing for more.

“I think it should be $1,200. I think we should do at least what we did in the CARES Act. I mean, listen, working families, they need help, they need support," Sen. Josh Hawley said.

For those who are unemployed, the bill could give an extra $300 a week to partially replace the extra $600 a week that expired this summer.

More than $300 billion could be given in subsidies to businesses, including a second round of “paycheck protection” payments to those who have been hit the hardest.

Other relief in the bill includes help with transit systems, schools and COVID-19 vaccine distribution for states and cities. It would also extend the eviction moratorium and student loan forbearance.

This bill has been all about compromise. Democrats initially wanted to spend $2.4 trillion, but Republicans had the bill topping out at $500 billion.

But what’s clear – and promising – is both parties hope to approve some sort of deal before the weekend. And if this bill passes, it’s possible it won’t be the last COVID relief bill. President-elect Joe Biden has already promised more help next year.