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United States to Approve $ 484 Billion Aid Bill to Address New Crown Epidemic-Xinhua
Xinhua News Agency, Washington, April 23 (Reporter Gao Pan and Xu Yuan) The United States House of Representatives voted on the 23rd to pass a total aid bill of approximately $ 484 billion to increase funding for Loan projects for small businesses, hospitals, and new coronavirus testing agencies. The bill will be signed by the President of the United States, Trump.
The House of Representatives approved the bill with 388 votes in favor and 5 votes against, and the Senate approved the verbal vote on 21. This is the fourth spending bill related to the new crown epidemic agreed between the Trump administration and members of Congress in the past two months.
Under this bill, the United States Congress will allocate more than $ 310 billion to the small business wage protection program to help small businesses affected by the epidemic apply for loans to pay employees’ wages. In addition, the bill will allocate $ 75 billion to hospitals, $ 25 billion to the New Coronary Virus Testing Agency, and will provide funding for the US Centers for Disease Control and Prevention. USA, The National Institutes of Health and other institutions.
Trump had signed a tax spending bill totaling approximately $ 2.2 trillion in late March to rescue American families and businesses affected by the epidemic, but critics charged the bill for insufficient funds allocated to small businesses, hospitals and virus detection agencies. . On the 16th of this month, two weeks after starting the wage protection plan for small businesses, he stopped accepting new loan applications due to lack of funds.
Data released by the United States Department of Labor on the 23rd shows that, due to the spread of the new crown epidemic, the large-scale “shutdown” of the economy has affected the total number of first-time jobless claims time in the United States for almost 26.5 million in the last five weeks, highlighting the serious economic and employment situation in the United States. Some economists fear that the current bailout plan issued by the United States government is still not enough to stop the United States’ economic recession and ease unemployment.
The main Democrats of EE. USA They called the latest aid bill “temporary emergency appropriation” and hope to discuss with the Trump administration and the Republican Party next month a larger bailout bill. Trump said on social media Twitter this week that the upcoming legislation will consider providing financial assistance to state and local governments for investment in infrastructure, tax incentives for restaurants, entertainment, sports and other industries, and reducing taxes on payroll. To stimulate economic growth.