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.
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