This article is from the WeChat public account: Huaxia Times (ID: chinatimes) , author: Cong may handsome, Chen Feng, the original title: “paid $ 1,200 per person, the United States Senate by 2 trillion stimulus plan,” head Figure from: IC photo
In response to the impact of the new crown pneumonia epidemic, the US Senate voted near midnight on the 25th to pass a US $ 2 trillion economic stimulus bill, which is the largest economic rescue plan ever in the United States. At the same time, the cumulative number of confirmed cases in the United States has approached 70,000, and the number of deaths has exceeded 1,000.
After the economic stimulus bill was passed by the Senate, US stock index futures rebounded from a low point, and Dow futures once rose. As of 13:00 Beijing time on the 26th, the Dow futures fell 0.1%, the S & P 500 futures fell 0.51%, and the Nasdaq futures fell 0.36%.
The bill will then be submitted to the House of Representatives, which is expected to be passed by voice vote on Friday, as most representatives have left Washington. After the House of Representatives passes, it will be signed by President Trump for formal entry into force.
According to US financial media CNBC, the 880-page bill has been enacted at an alarming rate in recent days. It includes direct cash payments to individuals, stronger unemployment insurance, and loans and loan guarantees for businesses. , And for hospitals, statesHeshi provides more health care resources and other content.
The specific content of this bill includes:
1. According to the applicant’s situation, each adult will be directly paid up to $ 1200 and each child will be paid $ 500; when the annual personal income exceeds $ 75,000 and the annual income of a couple exceeds $ 150,000, the benefit will begin. Gradually decrease; all individuals with annual income of $ 99,000 or husband and wife annual income of $ 198,000 will be cancelled.
2. Increase unemployment insurance benefits. Based on the beneficiaries’ previous collections from the states, the increase is $ 600 per week for a maximum of four months, and eligibility is extended to individual operators and independent contractors.
3. Establish a taxpayer fund pool totaling US $ 500 billion for granting loans, providing loan guarantees, or investing in enterprises, states, and cities affected by the epidemic.
4. Allot $ 25 billion to airlines and $ 4 billion to freight companies, which are used to pay employees’ salaries, bonuses and benefits; another $ 25 billion and $ 4 billion are allocated for loans and loans, respectively. guarantee.
5. Provide $ 17 billion in loans and loan guarantees to businesses that are critical to national security.
6. $ 117 billion in health care resources for hospitals and veterans.
7. Provide US $ 16 billion for the national strategic reserve of medical supplies.
8. Provide $ 350 billion in loans to small businesses to pay wages, bonuses and benefits.
9. Postpone the collection of wage tax on employers, requiring half of the deferred tax to be paid by the end of 2021 and the other half to be paid by the end of 2022.
10. Companies that accept government loans are prohibited from repurchasing shares until one year after the loan is repaid; employees and executives with incomes of more than $ 425,000 last year are prohibited from raising wages.
11. President Trump and his familyTribal enterprises shall not accept emergency relief from taxpayers. This rule also applies to Vice President Burns, the head of the executive branch, members of Congress and their families.
12.9 Student loan repayment will be suspended before 30.30. No interest will be charged during this period.
Before the bill was passed, the Senate vetoed an amendment that stipulates that unemployment insurance benefits must not exceed the recipient’s previous wage level. Because the four Republican senators thought that the $ 600 a week increase in unemployment insurance was too generous, even higher than the salary level of some workers, it would encourage companies to lay off workers and cause more people to lose their jobs. The amendment had previously caused market concerns over the smooth passage of the bill, causing US stocks to dive late Wednesday, with the Dow erasing 700 points of gain in the last 20 minutes.
The outbreak in the United States is still accelerating, with more than 10,000 new confirmed cases for three consecutive days. According to real-time data from Johns Hopkins University in the United States, as of 13:00 Beijing time on the 26th, the cumulative number of confirmed cases worldwide has reached 471,783, and the total number of deaths has reached 21,306. The cumulative number of confirmed cases in the United States is 69,171, and the cumulative number of deaths has reached 1,050.
This article is from WeChat public account: Huaxia Times (ID: chinatimes) , author: Cong may handsome, Chen Feng, the original title: “paid $ 1,200 per person, the United States Senate by 2 trillion stimulus package.”