Marilyn MonHoe 11,011 Posted March 27, 2020 Share Posted March 27, 2020 The House on Friday passed the $2 trillion coronavirus economic stimulus bill, and President Donald Trump is expected to sign it quickly. The legislation, which was passed unanimously by the Senate on Wednesday, provides relief for workers and businesses that have been devastated by the outbreak. Trump has applauded the final product — the largest economic relief package in modern U.S. history — and said this week that he would sign the legislation, which the Senate passed 96-0 late Wednesday. The House vote Friday came after Democratic and Republican leaders summoned House members to Washington late Thursday because they feared the package wouldn't be able to pass by voice vote, causing lawmakers to scramble back to the capital from their districts. The legislation will provide billions of dollars in credit for struggling industries, a significant boost to unemployment insurance and direct cash payments to Americans. The measure increases unemployment payments and extends the benefit to those who typically do not qualify, such as gig economy workers, furloughed employees and freelancers. The bill increases the maximum unemployment benefit that a state gives to a person by $600 per week for four months. The bill also provides for direct payments to Americans, giving individuals who make up to $75,000 a year checks for $1,200, couples making up to $150,000 payments of $2,400, and an additional $500 per child. The payments decrease for those making more than $75,000, with an income cap of $99,000 per individual or $198,000 for couples. The legislation also provides $100 billion to hospitals; $350 billion to small businesses; $500 billion to corporations, including airline companies and cruise lines; and about $150 billion for state and local stimulus funds. Source: https://www.nbcnews.com/politics/congress/house-gives-final-passage-2-trillion-coronavirus-stimulus-bill-n1170281 Link to post Share on other sites More sharing options...
DeleteMyAccount 11,881 Posted March 27, 2020 Share Posted March 27, 2020 Not enough. Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted March 27, 2020 Share Posted March 27, 2020 Good thing this got thru quickly....a lort of people are in big trouble without this help. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Gagaloo911 12,959 Posted March 27, 2020 Share Posted March 27, 2020 Not enough for everyday Americans or states and localities. Corporations getting fed as always meanwhile everyone else gets screwed over. So fed up with the US government and all of Congress. Democratic party is better than the Republican, but is still in bed with and too eager to help big business. We need new parties that are actually about working and everyday people. Link to post Share on other sites More sharing options...
Marilyn MonHoe 11,011 Posted March 27, 2020 Author Share Posted March 27, 2020 1 minute ago, Gagaloo92 said: Not enough for everyday Americans or states and localities. Corporations getting fed as always meanwhile everyone else gets screwed over. So fed up with the US government and all of Congress. Democratic party is better than the Republican, but is still in bed with and too eager to help big business. We need new parties that are actually about working and everyday people. Meanwhile Canadian citizens are getting $2000 a month and free healthcare Link to post Share on other sites More sharing options...
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