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  • Mon. Nov 25th, 2024

Factbox: New U.S. House coronavirus bill contains $3 trillion plus in aid

Factbox: New U.S. House coronavirus bill contains $3 trillion plus in aid

(Reuters) – The Democratic-led U.S. House of Representatives unveiled on Tuesday a sweeping new coronavirus bill with more than $3 trillion in assistance to states, families and epidemiologists seeking to track the extent of the coronavirus pandemic.

The following are major provisions in the legislation:

– $500 billion for state governments to use over the next several years to cover pandemic-related expenses, replace lost revenues or respond to its negative economic impacts. Half of the money would be available to states within a month of the bill’s enactment and the other half by May 3, 2021.

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