Trump Signs $2.3 Trillion Coronavirus Relief, Government Funding Bill Into Law

Bill Includes $15 Billion in Payroll Support for Airline Industry

By Paul Riegler on 27 December 2020
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The White House in Washington, D.C.

After sending mixed signals throughout the week, President Trump signed the $2.3 trillion year-end bill that will provide long-delayed coronavirus relief and fund the government through September 30, 2021 into law late Sunday evening, according to multiple sources.

The action averted a government shutdown that was set to begin Tuesday, although jobless benefits for millions of Americans lapsed Saturday night.

The 5,600-page bill, which passed the House of Representatives 359 to 53 and the Senate by a 92 to 6 vote, includes $284 billion for the Paycheck Protection Program for small businesses, a $300-per-week federal unemployment boost for 11 weeks, an additional round of economic stimulus checks at $600 per person, more money for schools and hospitals, and an extension of the federal eviction moratorium.

The bill passsed after lawmakers in both houses spent months trying to negotiate economic relief legislation.

The new legislation includes $15 billion in payroll support for the airline industry and was applauded by industry groups. Airlines for America, an industry trade group representing major U.S. airlines, said that the industry and the country needed the measure, shortly after it passed the House and Senate.

The bill “will provide much-needed, comprehensive relief for our country,” said the group’s CEO, Nicholas Calio.

(Photo: Accura Media Group)

Accura News

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