President Trump signs largest bailout in US history

President Trump has signed the largest-ever US financial stimulus package, worth $2tn, as the country grapples with the coronavirus pandemic.

The House of Representatives passed the cross-party bill two days after the Senate debated its provisions.

On Wednesday the number of Americans filing for unemployment surged to a record high of 3.3 million people.

READ also >>>  Air force kills, destroy terrorist facilities in sambisa forest

The US has more confirmed cases of coronavirus than any other country, with more than 100,000 positive tests.

No Democratic lawmakers were invited to the historic signing ceremony, which was held at the White House, though the president thanked both parties “for coming together, setting aside their differences and putting America first”.

READ also >>>  Nina Ivy shows off her growing baby bump

Mr Trump said the package was “twice as large” as any prior relief bill.

“This will deliver urgently needed relief to our nation’s families, workers and businesses,” he said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here