The United States Senate is finally doing what it should’ve done all along. It’s helping Americans who have been devastated by this Coronavirus outbreak.
On Tuesday, the Senate passed a $484 billion Coronavirus bill for small business and hospital relief which should help keep the economy running until Trump opens the nation back up in June.
The Senate voted unanimously – 96 to 0 – to pass the bill. Now the bill will be heading to the U.S. House to be voted on there.
What’s In The Bill?
This bill will provide a short term stimulus for small businesses to help them operate under emergency conditions. The bill will inject $310 billion into the Paycheck Protection Program aimed at keeping employees on small business payrolls.
However, this is only a temporary solution. It will no longer be needed after Americans start going back to work in June.
This isn’t the first stimulus bill passed lawmakers. The first round of funding was passed a few weeks ago, but quickly ran out of money while Democrats like Nancy Pelosi sat at home eating gourmet ice cream.
But now Americans are being hit hard financially. And this bill will be a short term solution.
CBS News was one of the first media outlets to report the bill passing the Senate:
“The measure injects another $310 billion into a key loan program designed to keep employees on small company payrolls. The initial $350 billion in the so-called Paycheck Protection Program, created as part of the $2 trillion rescue package passed last month, dried up last week… More than 22 million people filed for unemployment benefits over the latest four-week period as businesses in most of the country remain closed to slow Covid-19′s spread.”
Although bills like this might sound nice, they’re pointless unless Americans can go back to work quickly.
It’s time to open back up businesses and let people do the jobs that their livelihoods rely on.
Do YOU think Americans should go back to work? Comment below!