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U.S. Congress, White House agree on additional US$ 500 bil. more coronavirus relief deal

Arirang News 2020-04-21

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"미 정부•의회, 코로나19 추가지원 590조원 예산안 합의"

The White House and U.S. congressional leaders have agreed on Tuesday an additional COVID-19 relief bill worth some 500 billion U.S. dollars,... bringing the total amount allocated to deal with the pandemic to nearly 3 trillion dollars.
According to Reuters,... the new bill includes 321 billion dollars for small business lending program, 60 billion for emergency disaster loan program also targeting small enterprises.
It also provides nearly 75 billion dollars for hospitals.
This comes as the initial 350 billion dollars fund, which has been provided to help the country's small businesses, was quickly exhausted not even two weeks after implementation.
President Trump called for a swift passing of the bill.

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