Trump signs $900bn COVID-19 relief fund

By Simdi Gloria:-

Donald Trump, the United States President has signed a massive sum of $2.3 trillion spending bill that includes a $900 billion coronavirus relief package, averting a government shutdown and extending coronavirus aid to millions suffering from the economic impact of the pandemic into law.

Initially, Trump refused to approve the legislation for days after he had received it. He called the bill a disgrace.

“I am signing this bill to restore unemployment benefits, stop evictions, provide rental assistance, add money for PPP, return our airline workers back to work, add substantially more money for vaccine distribution, and much more,” Trump said in a statement.

His signing the bill avoids a partial government shutdown, as spending was set to run out Tuesday.

the coronavirus relief package includes direct payments to qualifying Americans, worth up to $600 per adult and child; a boost in weekly unemployment benefits; and funds for small-business aid and vaccine distribution.

Trump indicated that in a statement that it is his duty as president to protect the people from the economic devastation and hardship that was caused by the “China virus”.

“I understand that many small businesses have been forced to close as a result of harsh actions by Democrat-run states. Many people are back to work, but my job is not done until everyone is back to work,” he said.

On Monday the House will vote to increase payments to individuals from $600 to $2,000. Therefore, a family of four would receive $5,200. Additionally, Congress has promised that Section 230, which so unfairly benefits Big Tech at the expense of the American people, will be reviewed and either be terminated or substantially reformed,” Trump said.

Congress in passing the CARES Act earlier this year, we avoided another Great Depression. Under my leadership, Project Warp Speed has been a tremendous success, my Administration and I developed a vaccine many years ahead of wildest expectations, and we are distributing these vaccines, and others soon coming, to millions of people,” he said.

“As president, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of $2,000 cheques per adult and $600 per child,” he insisted. According to Johns Hopkins University, The US currently has a total of 19.1 million confirmed cases of coronavirus. More than 333,110 Americans have already died due to the virus.

US Speaker Nancy Pelosi in a statement welcomed the bill.

“This relief legislation is a down payment on what is needed to crush the virus, put money in the pockets of the American people, and honour our heroes — our health care workers, first responders, transit and sanitation workers, and teachers.

“We need to ensure robust support for state and local government to distribute and administer a vaccine, keep workers employed and prevent devastating service cuts, and we must do so as soon as possible,” Pelosi said.

“Every Republican vote against this bill is a vote to deny the financial hardship that families face and to deny the American people the relief they need,” Pelosi said.

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