WASHINGTON (Reuters) - The U.S. House of Representatives on Friday approved an unprecedented $2.2 trillion stimulus package to alleviate the economic devastation of the coronavirus pandemic and sent it to President Donald Trump to sign into law. Here are major elements of the plan. Cost estimates...
President Donald Trump signed into law Friday afternoon a historic $2 trillion stimulus package as the American public and the US economy fight the devastating spread of Covid-19. The far-reaching legislation stands as the largest emergency aid package in US history. It represents a massive finan...
WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help strugg
Related: Second stimulus check details revealed: Who is eligible? Congress and the White House kickstarted negotiations this week after Senate Republicans unveiled the HEALS Act, estimated to cost about $1 trillion. But Trump told reporters earlier in the day the two sides are "so far apart" ...
have tax inequality,” Trump said. He did not provide further details.( CNN / IM ) House approves $480 billion package to help small businesses and hospitals, expand Covid-19 testing Trump signs historic $2 trillion stimulus after Congress passes it Friday...
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President Trump signed the $2.2 trillion coronavirus stimulus package on Friday after the House of Representatives passed the unprecedented legislation. It will provide relief for American workers and businesses left reeling from the tandem health and economic crises. The House approved the measure by ...
The stimulus payments, authorized under the $2.2 trillion Coronavirus Aid, Relief and Economic Security, or CARES, Act, are intended to offer a financial lifeline as the U.S. reels under the impact of thepandemic. The economy shrank nearly5% in the first three monthsof the year — the sha...
It also follows on the president encouraging lawmakers on Capitol Hill to pass a roughly $2 trillion stimulus package — estimated at roughly $6 trillion once the Federal Reserve’s actions are included — to ease the financial pain for Americans and hard-hit industries...
Additionally, Congress passed a record $2 trillion stimulus package which will provide loans to small businesses, rescue funds for hard-hit industries such as airlines and relief checks for Americans, many of whom are out of work. Small business lending began on Friday. A senior Treasury official...