BREAKING: President Trump Signs Stimulus Package Into Law

President Donald Trump on Friday signed the $2.2 trillion coronavirus stimulus package just hours after it passed in the House of Representatives.

The legislation stands as the largest emergency aid package in U.S. history, and includes sending checks directly to individuals and families, an expansion of unemployment benefits, money for hospitals and health care providers, financial assistance for small businesses and $500 billion in loans for distressed companies.

The legislation will provide $1,200 checks for individuals, increase unemployment compensation, defer tax and student loan payments, generate trillions in economic support to keep businesses open and billions to help hospitals buy medical supplies and speed development of tests, treatments and vaccines.

Goals for the legislation include:

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About the Author

Jessica Nicholson serves as the Managing Editor for MusicRow magazine. Her previous music journalism experience includes work with Country Weekly magazine and Contemporary Christian Music (CCM) magazine. She holds a BBA degree in Music Business and Marketing from Belmont University. She welcomes your feedback at [email protected]

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