President Trump Signs $2 Trillion Coronavirus Rescue Package Into Law

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President Trump Signs $2 Trillion Coronavirus Rescue Package Into Law
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JUST IN: President Trump signed the $2 trillion coronavirus relief package into law, shortly after the House approved the bill.

Senate Majority Leader Mitch McConnell had introduced legislation last week, setting off a new wave of talks with Schumer, Mnuchin, Pelosi and McCarthy.urged quick House approval for the plan and, on Thursday, congratulated the Senate for its efforts.

It also includes $260 billion to aggressively scale up the unemployment insurance program, expanding coverage to four months and raise the weekly benefit by $600. It would also cover nontraditional workers, including the self-employed, freelancers and those working in the gig economy. It also provides $100 billion to hospitals responding to the coronavirus to boost equipment and treatment.it will join the Senate in an extended recess as a result of the pandemic. But some lawmakers say their work is not done, and they'll now weigh the potential for a fourth rescue bill."This was a big, strong step, but we need more," Pelosi said Thursday, later adding,"There are so many things we didn't get in any of these bills yet in the way that we need to.

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