Saturday, 16 May 2020

US House passes $3 trillion coronavirus aid bill

The United States House of Representatives narrowly passed a $3 trillion bill aimed at salving the heavy human and economic toll of the coronavirus pandemic.


The bill, crafted by House Speaker Nancy Pelosi and her fellow Democrats, passed mostly along party lines in a 208-199 vote.


The enormous measure would cost more than the prior four coronavirus bills combined. It would deliver almost $1 trillion for state and local governments, another round of $1,200 direct payments to individuals and help for the unemployed, renters and homeowners, college debt holders and the struggling US Postal Service.


No comments:

Featured Post

Did humpty dumpty really have a great fall ?

The Hindenburg report, released on 24th Jan, 2023 had the intended outcome. The short seller shaved off $ 100 Billion Dollars or more of Ada...