Trump indicators $8.three billion emergency coronavirus spending bundle



WASHINGTON President Donald Trump on Friday signed a sweeping spending invoice to fight the unfold of the brand new coronavirus, pumping billions of {dollars} into prevention efforts and analysis in hopes of shortly producing a vaccine for the lethal illness.

Trump signed the invoice on the identical day worldwide instances surpassed 100,000

Lawmakers had labored by means of the weekend earlier than resolving a dispute over vaccine pricing and unveiling the $8.three billion help bundle in Congress on Wednesday. It sailed by means of the Home and Senate by Thursday. 

Solely three lawmakers voted in opposition to the invoice: Reps. Ken Buck, R-Colo., and Andy Biggs, R-Ariz., and Sen. Rand Paul, R-Ky.

That speedy motion by an in any other case bitterly divided Congress underscored simply how critically the federal government is taking the specter of the coronavirus. A slew of recent instances have been confirmed within the U.S. in current days, and well being officers have warned that the virus is on the verge of turning into a pandemic.

The scale of the invoice dwarfs the...



Supply cnbc.com



Source marketwatch.com