/

Trump signs COVID-19 relief bill, avoids government shutdown

President Donald Trump signs the long anticipated COVID-19 relief bill and avoids a looming government shutdown.

1 min read

The president signed the bill on Sunday shortly after Tweeting that “good news” was on the way regarding the relief package. It comes after Trump refused to sign the bill and demanded Congress amend it to include a raise in stimulus checks from $600 to $2000.

The package includes stimulus checks of up to $600 for people who earn less than $75,000 per year (or married couples earning up to $150,000), an additional $600 per dependent child under 18, $300 per week extension of unemployment insurance and federal unemployment insurance, more than $286 billion in loans for businesses that need to pay rent and staff, $69 billion in testing and vaccine distribution funds and $82 billion in funding for colleges and schools. The bill also included a legislative priority for the entertainment industry, which will bump up the penalty for operating a for-profit illegal streaming service from a misdemeanor to a felony. 

Two federal unemployment programs benefiting roughly 12 million Americans lapsed overnight on Saturday as President Trump refused to sign a COVID-19 relief bill. This latest development ensures the avoidance of a government shutdown.

Ron Troupe

Ron Troupe is the Daily Planet's top political and economic journalist. He is an award winning reporter with a more careful and meticulous approach towards his pieces. Ron prides himself on truth and integrity and is extremely intelligent.

1 Comment

Leave a Reply

Previous Story

Suspect in Nashville explosion died in the blast, officials say

Next Story

The New York Times reconstructs how officers killed Breonna Taylor

Latest from News

%d bloggers like this: