Coronavirus in Kyrgyzstan
World|life|March 27, 2020 / 04:23 PM
Washington set to deliver $2.2 trillion virus rescue bill

AKIPRESS.COM - With rare bipartisanship and speed, Washington is about to deliver massive, unprecedented legislation to speed help to people and businesses as the coronavirus pandemic takes a devastating toll on the U.S. economy and health care system, AP reports.

The House is set to pass the sprawling $2.2 trillion measure on Friday morning after an extraordinary 96-0 Senate vote late Wednesday. President Donald Trump marveled at the unanimity Thursday and is eager to sign the package into law.

The relief can hardly come soon enough. Federal Reserve Chairman Jerome Powell said Thursday the economy “may well be in recession” already, and the government reported a shocking 3.3 million burst of weekly jobless claims, more than four times the previous record. The U.S. death toll has surpassed 1,200 from the virus.

It is unlikely to be the end of the federal response. House Speaker Nancy Pelosi said Thursday that issues like more generous food stamp payments, aid to state and local governments and family leave may be revisited in subsequent legislation.

All rights reserved

© AKIpress News Agency - 2001-2019.

Republication of any material is prohibited without a written agreement with AKIpress News Agency.

Any citation must be accompanied by a hyperlink to akipress.com.

Our address:

189 Moskovskaya st., Bishkek, the Kyrgyz Republic

e-mail: english@akipress.org, akipressenglish@gmail.com;

Tel/Fax: +996(312)65-03-06

Follow us: