Hi Welcome You can highlight texts in any article and it becomes audio news that you can hear
  • Sun. Dec 22nd, 2024

Huge coronavirus recovery bill clears US House, fate uncertain in Senate

Huge coronavirus recovery bill clears US House, fate uncertain in Senate

House Speaker Nancy Pelosi walks past the Statuary Hall at the US Capitol on May 15, 2020 in Washington: AFP

WASHINGTON: House Democrats on Friday narrowly pushed through the largest-ever US economic rescue package, but the coronavirus measure faces headwinds in the White House and Senate where Republicans bemoan its $3 trillion price tag.

The Heroes Act, which passed largely along party lines, provides some $1 trillion for state and local governments, another round of cash disbursements to millions of hard-hit American families, funds for hospitals, hazard pay for health workers, and relief for devastated small businesses.

In an attempt to counter the pandemic’s devastating economic fallout, the 1,815-page measure also would extend food and unemployment aid; provide rent and mortgage support for struggling households, and pump billions of dollars into virus testing, tracing operations and treatment.

“We think this is a major investment in the lives of the American people and in the budgets of our states and localities,” House Speaker Nancy Pelosi said.

More than 36 million Americans have lost their jobs due to the coronavirus catastrophe and related business lockdown



Read More

Click to listen highlighted text!