Donald Trump signs massive coronavirus relief and spending package into law

Vastavam web: US President Donald Trump has signed into law a massive USD 2.3 trillion spending bill that includes a USD 900 billion coronavirus relief package, averting a government shutdown and extending coronavirus aid to millions suffering from the economic impact of the pandemic. Trump initially refused to approve the legislation for days after receiving it. He had called the bill a disgrace .

It was not immediately clear why Trump, who leaves office on January 20, finally decided to sign the bill into law. He had been under growing pressure from both sides of Congress to sign the bill. I am signing this bill to restore unemployment benefits, stop evictions, provide rental assistance, add money for PPP, return our airline workers back to work, add substantially more money for vaccine distribution, and much more, Trump said in a statement.

Among its many provisions, the coronavirus relief package includes direct payments to qualifying Americans, worth up to USD 600 per adult and child; a boost in weekly unemployment benefits; and funds for small-business aid and vaccine distribution. In the statement, Trump said that as president it is his responsibility to protect the people of our country from the economic devastation and hardship that was caused by the “China virus”.

I understand that many small businesses have been forced to close as a result of harsh actions by Democrat-run states. Many people are back to work, but my job is not done until everyone is back to work, he said. Trump also indicated his continued objections to the bill and insisted that he was pushing for the USD 2000 payment per American.

Likewise, the House and Senate have agreed to focus strongly on the very substantial voter fraud which took place in the November 3 Presidential election, he said. Fortunately, as a result of my work with Congress in passing the CARES Act earlier this year, we avoided another Great Depression. Under my leadership, Project Warp Speed has been a tremendous success, my Administration and I developed a vaccine many years ahead of wildest expectations, and we are distributing these vaccines, and others soon coming, to millions of people, he said.

As President, I have told Congress that I want far less wasteful spending and more money going to the American people in the form of USD2,000 cheques per adult and USD600 per child, he insisted.

Source: PTI