Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

Wike is a disaster, I won’t attend PDP meetings until he is expelled – Sule Lamido

FCTA yet to reopen PDP secretariat 24 hours after President Tinubu’s directive

Niger State workers lament 10% deductions in May salary, third-party charges

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»News»US approves 2 trillion dollars to cushion the economic impact of coronavirus
News

US approves 2 trillion dollars to cushion the economic impact of coronavirus

DailyblastBy DailyblastMarch 25, 2020001 Min Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

After haggling for days over the final details, Senate Democrats and the White House agreed Wednesday to a nearly $2-trillion stimulus package to combat the economic fallout of the coronavirus outbreak, including direct payments to most Americans and a half-trillion-dollar fund to shore up struggling companies.

The stimulus bill — by far the largest ever proposed — comes with a price tag equivalent to 9% of the nation’s gross domestic product and is meant to provide direct financial aid to help individuals, hospitals and businesses. It includes $300 billion for small businesses, $150 billion for local and state governments and $130 billion for hospitals, according to those involved in the negotiations.

Related posts:

  1. I won’t rest until Nigerians feel economic impact – Tinubu
  2. MUSICIANS GET 50 MILLION NAIRA CORONAVIRUS RELIEF FROM COSON TO CUSHION THE ONGOING LOCKDOWN
  3. I will use the dentist’s approach to remove subsidy to cushion hardship on Nigerians – Peter Obi
  4. Tinubu writes National Assembly, seeks N500Billion to cushion effects of fuel subsidy removal’

Treasury Secretary Steven T. Mnuchin and Senate Minority Leader Charles E. Schumer (D-N.Y.) negotiated through Monday night and all day Tuesday to resolve outstanding issues.

A Senate vote on the deal could occur by midday Wednesday, with the House potentially following soon after.

Post Views: 210
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous ArticleSanwo Olu shuts down Lagos markets for 7 days
Next Article POSSIBLE CONTACTS OF ABBA KYARI WHO REQUIRE IMMEDIATE SELF-ISOLATION AND TESTING
Dailyblast

Related Posts

FCTA yet to reopen PDP secretariat 24 hours after President Tinubu’s directive

May 28, 2025

Multiple children dead as Diphtheria outbreak forces school closure in Imo community

May 28, 2025

US suspends student visa processing

May 28, 2025
Add A Comment

Comments are closed.

Recent Posts
  • Wike is a disaster, I won’t attend PDP meetings until he is expelled – Sule Lamido May 28, 2025
  • FCTA yet to reopen PDP secretariat 24 hours after President Tinubu’s directive May 28, 2025
  • Niger State workers lament 10% deductions in May salary, third-party charges May 28, 2025
  • Governor Nwifuru unveils EBOCAB: A bold step towards transforming Ebonyi’s transport sector May 28, 2025
  • Multiple children dead as Diphtheria outbreak forces school closure in Imo community May 28, 2025
Top Posts

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,205 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,076 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025598 Views
Latest Reviews
Most Popular

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,205 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,076 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025598 Views
Our Picks

Wike is a disaster, I won’t attend PDP meetings until he is expelled – Sule Lamido

FCTA yet to reopen PDP secretariat 24 hours after President Tinubu’s directive

Niger State workers lament 10% deductions in May salary, third-party charges

© 2025
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.