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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 ...
At the time the legislation was enacted, more than 50,000 Americans had died from the virus and the pandemic had caused major economic damage, with 26 million people (about 20% of U.S. workers) filing for unemployment assistance over the preceding five weeks. [7] The bill is referred to as "Phase 3.5" of Congress's coronavirus response.
The rollout of updated Covid-19 vaccines has begun in the United States, but for the first time, the shots will no longer be free of charge for people without insurance at their local pharmacy.
It provided $300–330 billion for PPP, $82 billion for education, $28 billion for vaccines, $25 billion in rental assistance for those whose source of income ceased during the pandemic, $20 billion for state virus testing, $10 billion for child care providers, $2.6 billion for the CDC, and $2 billion for intercity buses.
The CDC also offers the Covid vaccine for free to people who do not have health insurance, ... The app currently limits users’ ability to search for information related to SARS-CoV-2, a move ...
More than a million of those forgiven loans were to companies with just one employee, at a cost of $12.8 billion, or an average of $11,497 per job.
Speaker Nancy Pelosi announced on April 2, 2020, that the committee would oversee the $2.2 trillion economic stimulus/rescue legislation (the Coronavirus Aid, Relief, and Economic Security Act) enacted by Congress. The Act created a $500 billion bailout fund for U.S. industry and is the largest economic emergency legislation in U.S. history.
The scam using doll faces to create false IDs made up a small part of the estimated $80bn in fraud connected to the Paycheck Protection Program (PPP), according to The Messenger.