House passes $2.2T rescue package
The House has approved a $2.2 trillion rescue package, rushing it to President Donald Trump for his signature. The measure tosses a life preserver to a U.S. economy and health…
WASHINGTON, DC – MARCH 27: Speaker of the House Nancy Pelosi (D-CA), surrounded by a bipartisan group of members of the House, shows off the stimulus bill known as the CARES Act after the bill was passed at the U.S. Capitol on March 27, 2020 in Washington, DC. The stimulus bill is intended to combat the economic effects caused by the coronavirus pandemic. (Photo by Win McNamee/Getty Images)
(Photo by Win McNamee/Getty Images)The House has approved a $2.2 trillion rescue package, rushing it to President Donald Trump for his signature.
The measure tosses a life preserver to a U.S. economy and health care system left flailing by the coronavirus pandemic.
The House approved the sweeping measure by a voice vote, as strong majorities of both parties lined up behind the most colossal economic relief bill in the nation's history.
It will ship payments of up to $1,200 to millions of Americans, bolster unemployment benefits, and offer loans, grants and tax breaks to businesses large and small.
It also will flush billions more to states, local governments and the nation's all but overwhelmed health care system. Trump said he would sign it immediately.
