Washington, D.C. – The US House of Representatives has voted to pass the landmark coronavirus relief bill. In a simple voice vote, representatives across the country approved the measure to provide aid back to ailing Americans. The bill is now headed to the President’s desk, where he is expected to immediately sign the measure.
The passing of the measure did not come without some drama on Capitol Hill. Rep. Thomas Massie (R-KY) threatened to delay the vote on the CARES act by requiring members of Congress to vote in person. The demand drew the ire of representatives around the country and President Trump. In his comments, Trump called for Massie to be “thrown out of the Republican Party.”
The bill was expected to easily pass as both parties have negotiated over the past week. While there have been some criticisms about things included in the bill, some key measures are included. The bill will put an estimated $300 billion back into the hands of Americans. Their are increases in unemployment payments as well as other incentives.
Small businesses will also see relief through the plan. Emergency grants and forgivable loans (if used for certain criteria) are included as part of the act. Additional measures are included to help the healthcare sector. State and local governments will have various grants that are easily accessible for relief.
In total, the entire legislation is estimated to cost approximately $2 trillion. Rep. Massie has stated that his concern is related to the amount of debt that the legislation will ad. Others have argued that the legislation is necessary, or the economy will get even worse.
Stay tuned to The Liberty Loft for all the latest news. Please consider donating to support The Liberty Loft so we can continue to deliver the content you find here.
566772 628281Thank you for writing this tremendous top quality write-up. The information in this material confirms my point of view and you really laid it out well. I could never have written an write-up this great. 567610
562817 759984Low-cost Gucci Handbags Is generally blogengine a lot far better than wp for reasons unknown? Should be which is turning out to be popluar today. 192602
597537 123080Hey, you used to write magnificent, but the last few posts have been kinda boringK I miss your tremendous writings. Past few posts are just a little bit out of track! come on! 478667
888214 752219Quite good design and amazing content material material , nothing else we want : D. 578128
973937 656446excellent post. Neer knew this, thanks for letting me know. 172386
75102 337177 There is noticeably a bundle to know about this. I assume you made certain nice points in capabilities also. 736378
794725 348524Wonderful post, I conceive blog owners need to acquire a whole lot from this internet weblog its real user pleasant. 577340
451705 248273I like this web site really much so a lot superb info . 163504
163785 66706I like this weblog its a master piece! Glad I discovered this on google. 373046