President Donald Trump signed into law Friday the $2 trillion rescue plan to salvage a US economy crippled by the novel coronavirus, on a day the nation’s total count of COVID-19 cases surpassed 100,000.
Trump’s signature brings an end to a dramatic, weeklong legislative saga on Capitol Hill and triggers the distribution of millions of relief checks of up to $3,400 for an average American family of four.
Hours earlier lawmakers in the House of Representatives united to green-light the mega-plan as the number of recorded deaths from the virus hit 1,693.
“I want to thank Democrats and Republicans for coming together and putting America first,” Trump said.
“This will deliver urgently needed relief to our nation’s families, workers and businesses. That’s what this is all about.”
Trump signed a separate order late Friday allowing the Pentagon to bring former troops and members of the National Guard back to active duty to help the military combat the virus, the Washington Post said, citing a Pentagon spokesman.
The president also took the long-called-for step of invoking the Defense Production Act to compel auto giant General Motors to quickly honor its commitment to making ventilators, machines crucial to keeping critically ill coronavirus patients alive but which are in short supply in hospitals.
“GM was wasting time,” the president said.
Nationwide the number of coronavirus cases surpassed 104,000. The need for medical supplies is acute in New York state, the US hotbed of the epidemic where 44,635 infections have been confirmed.
The death toll there increased Friday to 519 — up from 385 the previous day — but Governor Andrew Cuomo expressed optimism that the increase in the hospitalization rate has slowed.
Cuomo announced the creation of temporary hospitals at large facilities in each borough of New York City — including at a horse racing track in Queens — modeled on an already-constructed space in Manhattan’s Javits Center.
The national rescue bill pumps $100 billion into hospitals and health facilities in critical need of medical gear like personal protective equipment and intensive care beds, creates a $500 billion loan reserve for large corporations including airlines, and provides $377 billion in grants to small businesses.
It also dramatically expands unemployment assistance, aid that will cushion the blow for a staggering 3.3 million people who filed jobless claims in the week ending March 21.
AFP
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