After days of political bargaining and bickering, the U.S. Senate approved a plan for Donald trump’s about saving the us economy. And let it has still to be approved by the Congress, it seems that the Senate has taken a key decision. Probably even before the end of this week approved a bill before Congress to save the American economy will be on the table to the President of the United States. This will be a record in size the infusion of money into the economy, much more than the amount that was intended to save the United States in 2008 and during the great Depression.
the Bill is aimed at different groups of the population and business. It contains a number of measures aimed directly at providing assistance to workers, including payments for millions of Americans. And it’s not only $ 1,200, trump promised to give every adult citizen whose income is less than 6 thousand dollars a month. In the project of salvation of the American economy are also increasing spending on food stamps for the poor and unemployment benefits.
President trump understands that in a crisis the number of unemployed will increase exponentially and simply keeping them afloat will not save the situation. That is why the salvation of small businesses allocated 350 billion dollars. They will be provided as interest-free loans, up to $ 10 million for the company. Also will be frozen, some current payments that put small businesses on the brink of ruin.
will Not remain without support and large corporations. Their support will be allocated 500 billion dollars. First and foremost the money will be allocated to those companies that are most affected by the coronavirus. The focus is on the airlines and the U.S. government plans to allocate 50 billion, half in loans and half in grants. The remaining amount will go to maintaining the solvency of large enterprises as well as those who are considered “mission-critical dLa national security”.
a Separate item in the plan, trump was the allocation of an additional $ 180 billion in medical costs. This item has seriously affected the democratic opposition, which predicted a gloomy picture of the spread of coronavirus. In such circumstances there was a serious risk of overloading of hospitals that could be simply not able to accept all patients. For such a case, the US Senate decided to create “insurance” in the form of $100 billion. the money will be allocated in advance, but they will not spend. It stocks in case the situation gets out of control and in one of the States will unfold a disaster, which can deal with local authorities.
the Draft trump can really save the American economy, but this requires not only a large expenditure. First we need the Americans again began to massively return to work. The cessation of quarantine during coronavirus – a big risk, but trump him ready to go. He has already announced a program of “open America again,” it provides for the return of Americans to work after the Western Easter, which is April 12. If by that time the epidemic subsides, the consequences of such decisions can be disastrous. Although it is unlikely that the collapse of the economy can be called a best way. Trump made his plunge, but he will save America or will eventually bring, we learn only a couple of months.