US Congress approved a bailout package of 2.3 trillion USD
The US Congress approved a spending package of 2.3 trillion USD to finance the government and to bail out the economy devastated by the Covid-19 pandemic.
Both the US Senate and House of Representatives on the night of December 21 (December 22 at Hanoi time) approved a spending package, including a multi-item bill worth $ 1.4 trillion based on a spending agreement in 2019, in
The $ 2.3 trillion package is one of the largest spending bills ever reviewed by Congress and follows the $ 2.2 trillion CARES Act passed at the end of March.
While the Covid-19 bailout bill focuses on renewing unemployment benefits, providing small business incentives and incentives, the multi-item bill covers a wide range of policy issues, such as transportation.
Specifically, the multi-item bill includes a 3% salary increase for the military and a 1% salary increase for the federal civilian workforce.
The multi-item bill also includes nearly $ 1.4 billion in funding for President Donald Trump's 90-kilometer border wall, which has become a major obstacle to passing spending laws during his tenure.
The bill also provides $ 5 million to create databases that track police misconduct and $ 153 million for programs to improve community relations with police, up 77 percent from a fiscal year.
The bill will go to the White House for the President to sign into law.
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