100 BILLION DOLLARS Trump is launching a large corona aid package

US President Donald Trump has implemented a billions of dollars in aid package approved by Congress to mitigate the consequences of the coronavirus epidemic. Trump signed the law Wednesday night. The measures provided for there are expected to cost around $ 100 billion.

Among other things, the aid package extends the continued payment of wages in the event of illness that is not required by law in the United States. In addition, the assumption of costs for tests for a possible infection with the coronavirus SARS-CoV-2 is guaranteed and payments for the unemployed and food aid are expanded. The package, supported by both major parties, had been passed by the House of Representatives last week, and the Senate agreed on Wednesday afternoon.

Economic stimulus package should help the economy
Meanwhile, the government is already working on a larger stimulus package to pump up to $ 1 trillion into the economy. Negotiations with the Congress on the release of funds are currently in full swing.

Funding for the fight against virus
In early March, Congress had already provided $ 8.3 billion in funding to fight the novel coronavirus, including $ 3 billion in therapy and vaccine development. $ 2.2 billion was earmarked for preventive measures, and $ 435 million was earmarked for aid abroad.