x

Unemployed Americans to get $300 weekly as Trump signs COVID-19 bill

President Donald Trump has signed the $2.3trillion coronavirus relief and government funding bill into law.

President-elect Joe Biden had expressed concern about Trump’s delay.

“This abdication of responsibility has devastating consequences”, he warned in a statement.

READ ALSO: NAFDAC shuts down six defaulting pharma companies

The assent will forestall a government shutdown expected to begin on Tuesday.

The $900billion relief package will help Americans, registered immigrants and businesses cope with the economic shock caused by the pandemic.

Twelve million people in two pandemic unemployment programs are to receive benefits for 11 weeks.

In the breakdown, every adult and child earning up to $75,000 will get $600 direct payment. Those earning between $75,000 and $99,000 would get smaller checks.

Jobless workers will receive up to $300 per week through mid-March. Self-employed people and gig workers will also receive further assistance.

The bill provides $25billion to help families pay their rent; it extends the current eviction moratorium until January 31.

It allocates $13billion for the Supplemental Nutrition Assistance Program.

The sum of $284billion Paycheck Protection Program loans has been earmarked for small business, nonprofits and local newspapers, TV and radio stations.

Additionally, $15billion would be reserved for live venues, independent movie theaters and cultural institutions.

The agreement will give child care centers $10billion to safely reopen.

It provides $68billion for purchase and distribution of vaccines, as well as COVID-19 testing.

Millions will stay connected to the internet, thanks to $7billion allotment.

Transportation-related assistance include $16billion for airlines to pay salaries, $14billion for mass transit agencies, $10billion for highways, and $1billion for Amtrak.

Schools will get $82billion for reopening, while $13billion has been set aside for farmers and agriculture.

Hot this week

15% import duty deferment: Coalition warns against strangulating local industries

Nigerian Coalition of Civil Society Organisations, NCCSO, has faulted...

Insecurity: Bandits Abduct Six Defence Ministry Directors on Kaba–Lokoja Highway

By Noah Ocheni, LokojaSix senior directors of the Federal...

Bayelsa United Chairman Applauds Team’s Resilience After Goalless Draw with Kano Pillars

By Amgbare Ekaunkumo, YenagoaChairman of Bayelsa United Football Club,...

Super Eagles’ Formula for CAF Semi-Final Playoff Triumph

By Emman Usman ShehuThe roar from Uyo's Godswill Akpabio...

Nigeria Kicks Out 18m Malaria Cases Annually — FG

By Joyce Remi-BabayejuThe Minister of State for Health...

FCT Students Shine at China–Nigeria Cultural Festival

By Joyce Remi-BabayejuStudents from the Federal Capital Territory,...

Nine Pillars for Super Eagles’ Congo Conquest

Under Eric Chelle, the Eagles must refine the nine pillars that felled Benin and tamed Gabon: proactive predation, midfield dissection, and mental fortitude, now honed for the Leopards' claws. This final isn't survival—it's supremacy, a billion Nigerian dreams distilled into 90 minutes of destiny.

Spread of falsehoods national security threat, BAVCCA warns Nigerians

The Bloggers and Vloggers, Content Creators Association of Nigeria...

An Open China for a Shared Future

By Yu DunhaiNot long ago, the Fourth Plenary Session...

Outrage in A’ibom as Lagos Government demiolishes Ibibio Community Centre

By Ogenyi Ogenyi, UyoThe demolition of the community...

Lawmaker seeks extension of maternity, paternity leave in A’Ibom to 24 weeks

By Ogenyi Ogenyi, UyoChairman of Akwa Ibom Assembly House...

5 Suspected Vandals of TCN’s Otukpo–Yandev 132kV Line Arrested by Local Vigilante

By Jabiru HassanThe Transmission Company of Nigeria (TCN) says...

Related Articles

Popular Categories

spot_imgspot_img