Donald Trump finally signed the &2.3 trillion coronavirus relief and a government funding bill into law on Sunday night while vacationing at Mar-a-Lago, sources told CNN.
This means that $900 billion will be released into the economy after being held up for nearly a week. During the time of Trump’s inaction critical unemployment benefits had lapsed for millions of Americans.
The $900 billion bill would provide:
- $286 billion in direct aid, including $600 checks and $300 weekly unemployment benefits.
- $325 billion for small businesses
- $82 billion for schools
- $69 billion for public-health measures, including vaccination and testing
- $45 billion for transportation, including over $4 billion for the MTA
- $25 billion in rental assistance
- $13 billion for additional SNAP benefits
- $7 billion to expand access to broadband
- A provision to end surprise medical billing
- A provision establishing a women’s history museum and the National Museum of the American Latino
Aides say a ballroom was prepped at Mar-a-Lago on Christmas Eve when the bill was flown there in anticipation of Trump signing the legislation but hours before the ceremony was to begin, Trump changed his mind.
The the omnibus spending bill — which appropriates money for all the federal agencies for the rest of the fiscal year — was combined with the stimulus deal. However, this had no impact on the amount of money allocated for COVID relief, CNN reports.