The White House
Editor’s note- President Trump signed the bill into law today
The CARES Act is headed to President Trump’s desk today! Following extensive negotiations between the Trump Administration and Congressional leaders, the House of Representatives finally passed the historic $2.2 trillion economic relief package.
The Senate approved the measure yesterday with a 96-0 vote.
What does it mean? American families, healthcare workers, and small businesses will get the economic support they need to get through this challenging time. That includes $1,200 payments to qualifying Americans, $100 billion in direct support for hospitals, and over $370 billion to small business owners to keep their employees on the payroll.
President Trump will sign the bill as soon as it arrives at his desk this afternoon.
WATCH LIVE at 5 p.m. ET: White House holds Coronavirus Task Force briefing
Related:
House passes $2.2T rescue package, rushes it to Trump
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Too bad there isn’t a line item veto.