bickham-square

On Air

Bickham

Mon - Fri: 10:00 AM - 03:00 PM

President Trump signs historic $2.2T rescue package

President Trump signs historic $2.2T rescue package

President Trump signs historic $2.2T rescue package

WASHINGTON (AP) – President Donald Trump has signed an unprecedented $2.2 trillion economic rescue package into law, after swift and near-unanimous action by Congress this week. The package will support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus epidemic. As he signed the bill Friday, Trump declared it “will deliver urgently needed relief.” He thanked members of both parties for putting Americans “first.” The House passed the legislation earlier Friday by voice vote. The legislation will speed government payments of $1,200 to most Americans and increase jobless benefits for millions of people thrown out of work. Businesses big and small will get loans, grants and tax breaks.

Previous Story:

By ANDREW TAYLOR, ALAN FRAM and LAURIE KELLMAN
Associated Press
WASHINGTON (AP) The House has approved a $2.2 trillion rescue package, rushing it to President Donald Trump for his signature. The measure tosses a life preserver to a U.S. economy and health care system left flailing by the coronavirus pandemic. The House approved the sweeping measure by a voice vote, as strong majorities of both parties lined up behind the most colossal economic relief bill in the nation’s history. It will ship payments of up to $1,200 to millions of Americans, bolster unemployment benefits, and offer loans, grants and tax breaks to businesses large and small. It also will flush billions more to states, local governments and the nation’s all but overwhelmed health care system.

Recommended Posts

Loading...