the House of representatives of the US Congress approved Thursday the next package of measures the volume of almost 500 billion dollars on overcoming of consequences of a pandemic of a novel coronavirus. The Senate endorsed the bill earlier this week, and now the document should arrive for the signature to President Donald Trump.
Most of the money will be directed to the program of preferential loans to small businesses. The company may not return these funds provided that the money will be spent on salaries, interest payments on mortgages and rent and utilities, writes TASS. Earlier, the Congress had allocated for this program $ 350 billion, but by mid-April, the funds were exhausted.
trump has already expressed his gratitude to the congressmen. “This bill will help small businesses save millions of workers and give them wages,” said trump, speaking at the White house. He added that many States have already begun to recover.
Recall the previous package of economic stimulus measures amounting to more than two trillion dollars was passed at the end of March.
