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The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
The Trump Administration's Council of Economic Advisors supported the bill, claiming it would have significant economic benefits. [151] [152] President Trump and Treasury Secretary Steve Mnuchin claimed that the law's tax cuts would pay for themselves. [153] Many Republican supporters of the tax bill characterized it as a simplification of the ...
Trump gives longest presidential speech to Congress in modern time. Trump blew past former President Bill Clinton’s record for the longest speech to Congress in modern time Tuesday night.
1928 US$500 Gold Certificate. The United States five-hundred-dollar bill (US$500) is an obsolete denomination of United States currency. It was printed by the US Bureau of Engraving and Printing (BEP) beginning in 1861 and ending in 1945. Since 1969 banks are required to send $500 bills to the United States Department of the Treasury for ...
The economic policy of the Donald Trump administration may refer to: Economic policy of the first Donald Trump administration;
Executive Order 14169, titled "Reevaluating and Realigning United States Foreign Aid", is an executive order signed by U.S. president Donald Trump hours after he took office January 20, 2025, ordering a 90-day pause on all U.S. foreign development assistance programs in order to conduct a review.
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
A U.S. Congressman wants to give every child a $5,000 head start on their savings, one of the boldest universal income proposals yet aimed at providing fiscal security for everyday Americans.