The Senate voted, 52-47, on the approximately $650 billion COVID-19 relief package on Thursday, falling short of the 60 votes needed.

The Delivering Immediate Relief to America’s Families, Schools and Small Businesses Act would have provided $300 in weekly unemployment insurance benefits through December 27 and pumped an estimated $158 billion more into the popular PPP small-business loan program that lapsed August 8.

In addition to COVID-19 relief funding, Congress still must complete the appropriations process for FY 2021. With funding expiring on September 30, Congress will likely look to pass a Continuing Resolution. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have reached a tentative agreement that would likely extend funding until December. It is unclear if the agreement will be combined with the coronavirus aid package.

UEP staff will continue to monitor the COVID-19 supplemental and appropriations process and keep members updated.