WASHINGTON, D.C. – After some worries that a new round of demands could emerge when the $2 trillion stimulus bill went back to the Democratic U.S. House from the Republican U.S. Senate, it has passed that lower chamber and will now head to the president for singnature.
From CNBC:
“The House passed a $2 trillion coronavirus relief bill on Friday, sending the unprecedented measure to President Donald Trump’s desk after a scramble to block efforts to delay its passage.
The plan, which includes one-time payments to individuals, strengthened unemployment insurance, additional health-care funding and loans and grants to businesses to deter layoffs, got through the Senate unanimously on Wednesday night. On Thursday, House Speaker Nancy Pelosi described the bill “as mitigation” of the disease’s destruction, predicting there would be more plans to aid “recovery.”
Trump has promised to sign the legislation “immediately.” While it is unclear how quickly the government will dole out some of the money such as small business loans, the White House and congressional leaders have said some individuals will see direct payments of up to $1,200 within three weeks. […]”
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