President Donald Trump signed the $2.3 trillion package that includes $900 billion pandemic relief and $1.4 trillion in government spending, Bloomberg reports . Signing the bill, Trump demanded the congress to replace $600 in stimulus payments with $2,000, a non-binding request that is unlikely to pass both chambers.
- Trump’s hesitation in signing the bill means the stimulus payments will likely go out later than expected, and it may cut a week from the supplemental unemployment benefits that were part of the package ending in March.
- Top Democrat in the Senate, Chuck Schumer, said that once the House bill passes $2,000 payments, he will move for passage in the upper chamber.
- House Speaker Nancy Pelosi said that any Republican vote against the bill denies financial hardship help to American families.
- The bill’s passage saves the U.S. government from likely shutdown and delayed economic aid as coronavirus cases continue to rise in the country.
- President-elect Joe Biden said he will push for more stimulus after taking office next year.
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