Trump signs $2.2 trillion coronavirus relief bill into law

by Adam Ford · Mar 27th, 2020 3:41 pm
16

Last Updated Mar 28th, 2020 at 8:32 am

President Trump has signed the massive $2.2 trillion coronavirus relief bill, called the CARES Act, into law, he revealed on Friday at 4:34 p.m.

"I just signed the CARES Act, the single biggest economic relief package in American History – twice as large as any relief bill ever enacted," Trump tweeted. "At $2.2 Trillion Dollars, this bill will deliver urgently-needed relief for our nation's families, workers, and businesses."

The president signed the legislation just hours after it was approved by Congress as the United States federal government works to blunt economic disaster caused by the coronavirus pandemic and widespread government-ordered lockdowns and business closures.

? Treasury Secretary Steven Mnuchin announced Thursday that Americans can expect relief checks — $1,200 per adult and $500 per child for those making less than $75,000 — within three weeks.

➡️ Go further: A breakdown of the $2 trillion coronavirus stimulus bill


Comments

There are 16 comments on this article.

You must become a subscriber or login to view or post comments on this article.