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Thursday 19 March 2020

Republican coronavirus stimulus proposes up to $1,200 direct payments to individuals

The $1tn-plus package will also include relief for small businesses and support for healthcare workers and coronavirus patients

The US Senate majority leader, Mitch McConnell, has introduced emergency legislation to stem the economic fallout of the coronavirus pandemic, saying on Thursday that Republicans were ready to meet their Democratic counterparts to seek an agreement.

The $1tn-plus package will include direct financial help for Americans, relief for small businesses and their employees, steps to stabilize the economy and new support for healthcare professionals and coronavirus patients, McConnell said.

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from The Guardian https://ift.tt/2UkzK5z

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