House passes US$483 billion stimulus as US job losses soar
The US House of Representatives has passed a new US$483 billion economic stimulus package to ease job losses caused by the economic impact of the Covid-19 pandemic. – EPA pic, April 24, 2020.
THE House of Representatives passed a new US$483 billion economic stimulus bill yesterday as US job losses due to the coronavirus soared and businesses clamored for more support. The House voted overwhelmingly for the bill, already passed by the Senate, and President Donald Trump indicated he will quickly sign it into law to pump more emergency funding into the world’s largest economy.
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