Covid-19: US Senate passes US$2 trillion relief Bill

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Covid-19: US Senate passes US$2 trillion relief Bill
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CORONAVIRUS | The package is intended to flood the economy with cash in a bid to stem the impact of an intensifying epidemic.

The US Senate has overwhelmingly backed a US$2 trillion Bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic, as well as providing billions of dollars to buy urgently needed medical equipment.

President Donald Trump, whose top aides helped negotiate the bipartisan measure, promised to sign it into law as soon as it reaches his desk.The massive Bill - which would be the largest economic stimulus measure ever passed by Congress - includes a US$500 billion fund to help hard-hit industries and a comparable amount for direct payments of up to US$3,000 apiece to millions of US families.

Only two other nations, China and Italy, have more coronavirus cases and the World Health Organisation has warned the United States looks set to become the epicentre of the global coronavirus pandemic. But it was delayed by criticism from both the right and left, pushing the final vote on passage almost another full day.

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