India Business Journal - Trump signs COVID aid law

WORLD

Trump signs COVID aid law

IBJ Bureau
Dec 31, 2020

US President Donald Trump has signed into law a massive $2.3-trillion spending Bill that includes a $900-billion Coronavirus relief package. This law averts a government shutdown and extends Coronavirus aid to millions suffering from the economic impact of the pandemic. Trump had initially refused to approve the legislation for days after receiving it. He had been under growing pressure from both sides of the Congress to sign the Bill. The Coronavirus relief package includes direct payments to qualifying Americans, worth up to $600 per adult and child; a boost in weekly unemployment benefits; and funds for small business aid and vaccine distribution.