Weather Alert

$850B Stimulus Sought

Coronavirus text outbreak with the world map and HUD circle element cyber futuristic concept, Abstract background virus hazard vector illustration

White House Seeks Roughly $850B in Emergency Stimulus As the Senate moves forward on the latest Coronavirus bill, the White House is seeking roughly $850 billion in emergency stimulus to confront an economic fallout. $500 in stimulus will come in the form of tax relief, according to Fox News.  $250 billion will come in Small Business Administration loans and $58 billion will go to the airline industry. Meanwhile, the Senate is pushing forward a $750 billion spending package that will expand unemployment insurance and expand Medicaid. Is the government doing enough now to curb the economic fallout from the Coronavirus?

More here: https://www.nytimes.com/2020/03/17/world/coronavirus-news.html

 

Connect With Us Listen To Us On