Here’s What’s in the $2 Trillion Virus Stimulus Package

March 26, 2020, 5:20 AM UTC

The historic $2 trillion bill that was passed by the U.S. Senate late Wednesday to confront the coronavirus crisis will reach into many aspects of American life and business to stave off at least some of the economic damage to wrought by the pandemic.

The bill, now set for a U.S. House vote on Friday, will provide $500 billion in loans and other assistance to big companies as well as besieged states and cities, and $350 billion in aid to small businesses.

And the legislation will provide direct payments to most Americans and significantly bolster unemployment insurance benefits.

WATCH: The Trump administration reached a deal on an historic rescue package with Senate Republicans and Democrats that will provide a more than $2 trillion response to the coronavirus pandemic.
Source: Bloomberg)

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