India  

House Passes $484 Billion Bill for Small Business Aid

Video Credit: Wibbitz Studio - Duration: 01:08s - Published
House Passes $484 Billion Bill for Small Business Aid

House Passes $484 Billion Bill for Small Business Aid

House Passes $484 Billion Bill for Small Business Aid The new bill was passed by a 388-5-1 vote.

Four Republicans and one Democrat voted against the proposal, while independent Rep.

Justin Amash of Michigan voted "present." The only Democrat who opposed it was Rep.

Alexandria Ocasio-Cortez, who said that the bill did not do enough to help struggling individuals and governments.

The proposal was sent to President Trump, who is expected to sign the new bill into law during a ceremony at noon EST on Friday.

The latest stimulus package is meant to help small businesses and hospitals who have been impacted by the coronavirus pandemic.

The funding will also help expand coronavirus testing, which is needed for Americans to start returning to normal life.

After Trump signs the bill, the U.S. government’s emergency response will total more than $2.5 trillion across four bills.


You Might Like


Related videos from verified sources

Ruth's Chris Returning Fed Loan After Backlash [Video]

Ruth's Chris Returning Fed Loan After Backlash

The owner of the Ruth's Chris Steak House has said it will repay $20 million in federal loans. This is only after facing backlash for its access to the money, reports Busines Insider. The aid the major..

Credit: Wochit Business     Duration: 00:36Published
Banks To Be Limited On How Much They Can Lend Small Businesses [Video]

Banks To Be Limited On How Much They Can Lend Small Businesses

Banks will be limited as to how much money it can lend under the US government's emergency loan program. The Small Business Administration will impose a maximum dollar amount for individual..

Credit: Wochit     Duration: 00:39Published
Vegas Hispanic small businesses fighting for stimulus money [Video]

Vegas Hispanic small businesses fighting for stimulus money

The House of Representatives approved a $484 billion bill to help small businesses.

Credit: KTNV Channel 13 Las Vegas     Duration: 01:54Published