The outgoing President of the United States authorized extremis to provide $ 900 billion in aid to the Americans.
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The outgoing President of US, Donald Trumpsurprised locals and foreigners alike by signing the Pandemic Relief Act, approved by Congress last week to provide financial aid for $ 900 billion.
The President’s signature was given after The New York Timesthe President will qualify this bill as a relief as “shame” considering some checks were too small.
On Saturday Trump urged lawmakers to increase the value of $ 600 aid checks. However, on the same day the unemployment benefit extension expired, which meant that if the law was not passed, 14 million unemployed citizens affected Due to the pandemic, they would be in debt across the American Union from this Monday.
In accordance with BloombergThis initiative was approved by the House of Representatives on December 22nd and submitted to the Senate for approval that same day. However, Trump opposed the signing until this Sunday.
This bill is the longest in United States history and includes, among other things:
- A grant of $ 300 per week for all unemployed.
- Direct payments of $ 600 for individuals with incomes less than $ 75,000.
- A new round of scholarships for the hardest hit companies.