US Announces $2 Trillion Aid Package

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US Announces $2 Trillion Aid Package

Reporterly

Reporterly Reporterly

25 Mar 2020

The US has announced an agreement on a $2 trillion (€1.85 trillion) federal relief package to aid workers, businesses and the healthcare system. The agreement followed days of negotiating, and still needs to be finalized in detailed legislative language.

“Ladies and gentleman, we are done. We have a deal,” said top White House aid Eric Ueland. The package would give direct payments to most Americans, expand unemployment benefits and provide a $367 billion program for small businesses to pay workers who must stay home.

The agreement followed days of negotiating, and the Senate and House of Representatives still need to pass the legislation before sending it to US President Donald Trump for his signature.

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