Home Uncategorized Senate passes historic $2 trillion stimulus package to curb effects of coronavirus

Senate passes historic $2 trillion stimulus package to curb effects of coronavirus

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Face Of Nation International :  The Senate approved its largest emergency aid package in modern history that will offer $2 trillion to help Americans, hospitals and businesses weather the effects of the coronavirus. The vote late Wednesday night was 96-0.The bill will now go to the House for approval before it’s sent to President Donald Trump for his signature.

House Majority Leader, Rep. Steny Hoyer, D-Md., announced that the House will vote on the $2 trillion bill Friday, and that they will convene at 9 a.m. “We expect the bill to pass by voice vote,” he said.

Among the provisions offered in the measure are one-time $1,200 checks to individuals, $367 billion in loans and grants to small businesses, over $130 billion for hospitals and community health centers and financial help to airlines and other industries hit hard by the virus.