HealthDay Reports: House Passes Another Stimulus Bill as Coronavirus Batters Economy
The legislation would add $310 billion to the Paycheck Protection Program, boost a separate small business emergency grant and loan program by $60 billion and direct $75 billion to hospitals and $25 billion to a new coronavirus testing program.
House Passes Another Stimulus Bill as Coronavirus Batters Economy
FRIDAY, April 24, 2020 (HealthDay News) -- The U.S. House passed a $484 billion deal on Thursday that would replenish a small business loan program that has run out of funding. The bill also directs more money to hospitals and COVID-19 testing.
President Donald Trump is expected to sign the bill into law on Friday, the Washington Post reported. As of Friday, U.S. coronavirus cases passed 867,000, including almost 50,000 deaths.
The legislation passed Thursday would add $310 billion to the Paycheck Protection Program, the Post reported. It would also boost a separate small business emergency grant and loan program by $60 billion, and direct $75 billion to hospitals and $25 billion to a new coronavirus testing program.