US Congress passes huge financial stimulus package

Congress has passed the largest-ever financial stimulus package, worth $2tn (£1.7tn), as the US grapples with the coronavirus pandemic.

The bill had already been passed by the Senate and President Trump says he will now sign it as soon as he gets it.

On Wednesday the number of Americans filing for unemployment surged to a record high of 3.3 million people.

The US has more confirmed cases of coronavirus than any other country, with more than 86,000 positive tests.

Earlier on Friday, New York Governor Andrew Cuomo announced eight temporary hospitals to meet an expected surge in cases.

He said 519 people had died in the state – the worst-hit in the US – and there were 44,635 confirmed cases.

What happened in Congress?

Democrats and Republicans in the Democratic-led House approved the stimulus package by voice vote.

The package is designed to enable direct payments to individuals and companies whose livelihoods and businesses have been affected by the pandemic.

This breaking news story is being updated and more details will be published shortly. Please refreshRead More – Source


Related Articles

Back to top button