Trump signed a $484 billion aid package into law Friday that provides emergency relief for hospitals and small businesses stretched thin by the coronavirus outbreak — the fourth rescue bill enacted by the government since the deadly pandemic hit the U.S.
“Great for small businesses, great for the workers,” said Trump, who only invited Republican lawmakers to the signing event, even though the bill was the product of lengthy bipartisan negotiations.
Direct Payments: For individuals the package provides direct payments to lower- and middle-income Americans of $1,200 for each adult, as well as $500 for each child. Unemployment insurance would be extended to four months, the benefits would be bolstered MORE
Democrats in the upper chamber applauded after Harris announced the 51-50 vote about 5:30 a.m. The action came after a grueling all-night session, in which senators voted on amendments that could define the contours of MORE
Is the Fed’s massive coronavirus stimulus package helping the ultra-rich at the expense of ordinary American workers? That’s what Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued Thursday. “On Main Street today, MORE