Wednesday, October 5, 2022

Trump Fails To Sign Economic Relief Bill Into Law

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Millions of Americans have temporarily lost their unemployment benefits after President Donald Trump failed to sign the Covid relief bill into law.

US President-elect Joe Biden had warned of “devastating consequences” if Mr Trump continued to delay signing but the Saturday deadline has now passed.

Unemployment benefits and a ban on evictions will be affected.

The package worth $900bn (£665bn) was approved by Congress after months of difficult negotiations and compromises.

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Mr Trump says he wants to give people bigger one-off payments.

The bill includes the payment of $600 to Americans earning less than $75,000 a year. Mr Trump says he wants Americans to receive $2,000 but Republicans in Congress refused to agree to the change.

In a tweet late on Saturday evening local time, Mr Trump again defended his position on the issue, blaming China for the coronavirus outbreak.

The coronavirus economic relief comes with a $1.4tn federal budget attached. A partial government shutdown will begin on Tuesday unless legislators pass a stopgap bill before then – but this would not include coronavirus aid and Mr Trump would still have to sign it.

About 14 million Americans would be affected by a lapse in unemployment benefit payments and new stimulus cheques.

(Read more at:- https://www.bbc.com/news/world-us-canada-55454720)

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Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

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