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Due to ZSA, the country with the most confirmed coronavirus infections to date. The world’s largest economy is on the ground. More than 30 million people lose their jobs in just six weeks. Government aid is correspondingly large, and that costs.
The United States government plans to raise a record debt of nearly $ 3 trillion this quarter due to the coronavirus pandemic. The US Department of the Treasury. USA He announced plans to issue new $ 2,999 trillion bonds around April to June. That’s five times more than ever in a quarter and more than double the entire fiscal year 2019.
The Ministry of Finance referred to the aid packages that Congress and the government launched in the fight against the pandemic and its economic consequences. These include direct payments to citizens, as well as billions of aid to businesses. Together, they are worth more than $ 2.7 billion.
The United States is by far the country with the most confirmed coronavirus infections and deaths worldwide. The pandemic and measures to curb it have devastating economic effects: much of the US economy has been paralyzed, more than 30 million people have lost their jobs in six weeks.