How to read the ‘third stimulus’ package

The Senate’s third stimulus package, which included an unemployment benefit and a boost to prescription drug prices, was released Thursday.

The bill was pushed by Sen. Elizabeth Warren Elizabeth Ann WarrenFlake: I sometimes feel like I’m ‘without a party’ Graham attacks NBC as ‘co-conspirator in the destruction of Kavanaugh’ Alex Trebek hosts gubernatorial debate in Pennsylvania MORE (D-Mass.), a member of the Finance Committee who had previously introduced the measure, and Sen. Ron Wyden Ronald (Ron) Lee WydenDems seek to erase political correctness on campus Overnight Health Care: GOP plays defense over pre-existing conditions | Groups furious over new Trump immigration proposal | Public health advocates decry funding transfer over migrant children MORE (I-Ore.), a Democrat who chairs the Appropriations Committee.

“We are continuing to build a strong economy, and a strong middle class, by investing in our roads, bridges, and airports, by rebuilding our crumbling infrastructure, and by investing to make college more affordable for students,” said Warren in a statement.

“We have to find a way to do that without putting a third stimulus on the table.”

Warren also praised the stimulus package for its “pro-growth and pro-American policies.”

She said the bill is “a big win for the American people.”

Warren and Wyden were among the four Democrats who supported the third stimulus in the Senate earlier this year, with Sen. Mark Pryor Mark Lunsford PryorOvernight Healthcare: GOP play defense over post-existing condition | Groups angry over new White House immigration proposal| Public health groups decry fund transfer over migration children MORE of Arkansas and Sen Brian Schatz Brian EmanuelSchatz: Democrats ‘won’t stop fighting’ on Kavanaugh The Hill’s Morning Report — Sponsored by United Against Nuclear Iran — Kavanaugh, accuser to testify Thursday | Dems see Kavanaugh nomination move as a ‘game changer’ MORE of Hawaii among the others.

The legislation included a $200 billion increase in the unemployment insurance benefits for individuals and businesses, as well as a $25 billion boost for the Supplemental Nutrition Assistance Program.

The unemployment insurance plan was supported by Sens.

Chris Murphy Christopher (Chris) Scott MurphyDems hold top three House seats in 2020 Senate GOP: Trump administration can continue benefits for millions MORE (Conn.) and Bob Casey Robert (Bob) Patrick CaseyBiden: ‘We should have done more’ on DACA Biden: Kavanaugh accuser ‘wasn’t charged with a crime’ Biden: ‘I want her back in the United States’ Biden’s chief of staff resigns Biden’s attorney general leaves post MORE (Pa.), who both support the stimulus.

But the legislation also included an increase in drug prices for Medicaid beneficiaries.

The Senate passed the third measure on Thursday after the House passed the same package in May.

Republicans have said that the package, known as the “fiscal cliff,” would have left a huge amount of the federal budget untouched, and Democrats have blasted it as a way for the president to get his wish list of tax increases passed through Congress before his term ends.

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