The US Senate unanimously decided on an unprecedented package of financial assistance to overcome the consequences of the coronavirus epidemic.
On the night of March 26, the US Senate unanimously, with 96 votes, approved a package of measures to stimulate and improve the economy, destroyed by the coronavirus pandemic, the total investment will be about $ 2.2 trillion. This writes The Hill.
The bill provides assistance to working Americans, small businesses, and the industries most affected by the pandemic in recent weeks.
Each resident of the country with an annual income of less than $ 75 thousand will receive a check for $ 1200, a proportionally smaller amount will be paid to those whose income is from $ 75 thousand to $ 90 thousand. Earlier, the US government planned to send $ 1000 checks to adult Americans for three weeks to compensate their loss due to the pandemic of coronavirus disease COVID-19.
The publication notes that this assistance package is unprecedented. The maximum amount ever allocated to prevent a recession was $ 700 billion – this was during the 2008 financial crisis.
Leader of the Senate majority, Republican Mitch McConnell, compared measures to stimulate the economy with emergency assistance in times of war.
Democratic minority leader Chuck Schumer said a compromise was reached during talks with the government that allowed it to “move fast.”
An outbreak of COVID-19 coronavirus infection began in December 2019 in China. March 11, the World Health Organization announced the spread of coronavirus pandemic.
According to the American Johns Hopkins University, on March 26, 69 197 cases of coronavirus infection were registered in the USA, 1050 people died.