• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home General

‘It’s law!’ Trump signs $2 trillion coronavirus bailout

Freelanews by Freelanews
March 27, 2020
in General
0
breaking news e1505086682684
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0

President Trump on Friday signed into law a historic $2.2 trillion coronavirus rescue package, the largest stimulus deal in United States history, as the pandemic devastates the nation’s economy and sickens thousands.

The bill includes $500 billion in direct checks to American families, $500 billion in small business loans, $150 billion in hospital funding and a $150 billion relief fund for state and local governments, among other measures.

Trump signed the CARES Act in the Oval Office just hours after the package was passed in the House with overwhelming bipartisan support.

The bill also ensures furloughed workers will receive a full paycheck for four months during the crisis, while mortgage holders affected by the virus will be allowed to suspend repayments for up to 12 months.

covid 19

Lawmakers in Congress worked at breakneck speed to pass the bailout which is an urgent lifeline to American families, small business owners and sectors like the airline industry who have been devastated by the COVID-19 health crisis.

After days of furious horse trading, the Senate passed the bill on Wednesday evening and hundreds of lawmakers returned to the House chamber on Friday morning to ensure Trump could swiftly sign the bill into law.

Only one GOP lawmaker threatened to delay the passage of the bill on Friday — the stunt prompting President Trump to fire-off a tweet calling for him to be thrown out of the Republican Party.

Officials can now begin their efforts to distribute $1,200 checks to American taxpayers who earn less than $75,000 a year — a dividend which the Trump administration wants paid by April 6.

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.


Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

seyi makinde 1
General

‘EndSARS’ Governor Makinde bars police from engaging protesters in Oyo State

by Rtn. Victor Ojelabi
October 13, 2020
WhatsApp Image 2022 03 11 at 8.51.48 PM
General

‘Incurable’ I have just 5 years to live, Actress, Kemi Afolabi, unveils in tears

by Rtn. Victor Ojelabi
March 11, 2022
#image_title
General

Group links potbelly to increased risk of diabetes, hypertension

by Oreoluwa Ojelabi
March 31, 2023
Generators
General

Senate moves to ban use of generators, offenders to get 10 years prison term

by Freelanews
March 11, 2020
5fc75a8eceadf
General

‘Approved’ Japan to give free COVID-19 vaccine to all residents

by Rtn. Victor Ojelabi
December 2, 2020

Discussion about this post

ADVERTISEMENT

Recent News

Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025
Super Eagles arrive Polokwane

Super Eagles arrive Polokwane for crucial qualifier

October 7, 2025
Nigerian passport revocation

Senate backs Nigerian passport revocation bill

October 7, 2025
Imisi Ayanwale intimidation

Imisi Ayanwale admits intimidation in BBNaija house

October 7, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

0
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

0
Meran Primary Health Centre

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

0
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

0
Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025
Super Eagles arrive Polokwane

Super Eagles arrive Polokwane for crucial qualifier

October 7, 2025
Nigerian passport revocation

Senate backs Nigerian passport revocation bill

October 7, 2025
Imisi Ayanwale intimidation

Imisi Ayanwale admits intimidation in BBNaija house

October 7, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Editor’s Pick

  • OGD vs DA
    OGD vs DA: The real story never told
    • August 22, 2025
  • Toyota Sienna harassment
    Why is Lagos State govt harassing Toyota Sienna users?
    • August 19, 2025
  • Otunba Gbenga Daniel
    Who really is Otunba Gbenga Daniel?
    • August 18, 2025

Hot!

Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025
Super Eagles arrive Polokwane

Super Eagles arrive Polokwane for crucial qualifier

October 7, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Total
0
Share
0
0
0
0
0
0
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading

 

Loading Comments...