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Trump Signs $2 Trillion Coronavirus Bill into Law

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President Trump on Friday signed a massive $2 trillion emergency spending bill into law, which policy makers hope will blunt some of the coronavirus epidemic’s economic fallout.

His signature came just hours after the House of Representatives passed the measure by a voice vote, and less than 48 hours after it received unanimous approval from the Senate.

“I want to thank Democrats and Republicans for coming together and putting America first," Trump said.

Now, the White House, Treasury Department, Small Business Administration and other agencies must rush to try and flood the economy with money under the new law. The law authorizes Treasury to send $1,200 payments to millions of Americans and creates programs to disburse close to $1 trillion in business loans and guarantees to millions of large and small companies throughout the entire economy.

Read the full article here: https://www.msn.com/en-us/news/newsworldpolitics/trump-signs-dollar2-trillion-coronavirus-bill-into-law-as-companies-and-households-brace-for-more-economic-pain/ar-BB11NlNe?li=BBnb7Kz

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