Trump signs $484B small business coronavirus relief bill into law

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President Trump on Friday signed the nearly $500 billion “Phase 3.5” emergency interim coronavirus relief package into law after Congress passed legislation this week replenishing the fund for small businesses and adding billions of dollars in aid to hospitals across the country amid the COVID-19 pandemic.

on Friday signed the nearly $500 billion “Phase 3.5” emergency interim coronavirus relief package into law after Congress passed legislation this week replenishing the fund for small businesses and adding billions of dollars in aid to hospitals across the country amid the COVID-19 pandemic.

The new interim emergency relief package, which provides $484 billion in additional funding, passed the House on Thursday and the Senate earlier this week.The bill delivers a $310 billion infusion to the Paycheck Protection Program , which helps businesses with fewer than 500 employees obtain loans that can cover eight weeks of their payroll, benefits and other expenses.

The PPP was created as part of the more than $2.2 trillion “Phase 3” stimulus package, known as the CARES Act, which passed last month. The program converts the small business loans to grants and would be fully forgiven if 75 percent of the loan is used to keep employees on the payroll.

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DumpTrump TrumpCrimeFamily

DumpTrump TrumpCrimeFamily

DumpTrump TrumpCrimeFamily

As a Businessman, Trump Was the Biggest Loser of All

🤣🤣

watched Hannity on Thursday evening. Fox news is dillusional, they honestly think trump is a God!!! They are not quoting on any level of reality!!! Will not watch again, FakeNews really is!!!

The leader of the most prominent group in the US peddling potentially lethal industrial bleach as a “miracle cure” for coronavirus wrote to Donald Trump at the White House this week.

Hey remember when the President floated the idea of using disinfectants inside the body to kill the virus

Who will relive realDonaldTrump biz? China

Never read it ... just signed it.

Where exactly is the news story about ingesting disinfectant to rid yourself of COVID-19 as suggested by the 'Stable Genius'? ifnotfairtrybalanced Clorox and Lysol injections

And claims his comments yesterday were merely sarcasm.

The GREAT FALSE HOPE in the GUISE OF A STICK UP THE ASS AGAIN, THE FIRST ONE HURT BAD ENOUGH. So sad the money is not going to where it should be.

And again 99.99% of the small businesses ,WILL NOT SEE ANY OF THE STEMULESS PACKAGE, ALL FALSE HOPE FOR THE WORKING CLASS AMERICAN PEOPLE. SO SAD.

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Trump donor paid Trump fundraisers to lobby for biggest Trump bailout - Business InsiderA Trump mega-donor who hired Trump fundraisers to lobby the Trump Administration got the biggest payout from the Trump Paycheck Protection Program Okay... Lmao Surprising - absolutely no one
Source: BusinessInsider - 🏆 729. / 51 Read more »