The package was announced early Wednesday by the White House. An agreement between congress, senators and the government has been reached after intense discussions. The legislation is expected to be enacted within days. It is the biggest economic stimulus package in modern American history.
The package is meant to send direct payments and jobless benefits to individuals affected by the virus.
It also grabs money to states and businesses devastated by the loss of profits through the pandemic.
The news comes after businesses across the states have faced closure and major losses.
It also follows the American stock market reaching a historic low after years of increase.
America have struggled to contain the outbreak of coronavirus over the last week.
As of Tuesday the number of cases reached 52,671.
Just under half of those were in New York State, which has confirmed 25’665 cases.
The death toll from the disease in the US reached 682.
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Source: http://feedproxy.google.com/r/daily-express-world-news/3/Njw-Uk2td7s/coronavirus-trump-update-covid-19-latest-trillion-dollar-stimulus-deal-white-house