US agrees on $2 trillion rescue for economy TRUMP’S OWN BUSINESS IS IN PERIL
Washington, March 25: The Senate and White House have reached agreement on a $2 trillion stimulus package for the US economy and millions of Americans ravaged by the Covid-19 crisis, top lawmakers said Wednesday. “At last, we have a deal,” Senate Majority Leader Mitch McConnell said, hailing the massive “wartime level of investment into our nation” reached after five days of arduous and tense negotiations.
“We have a bipartisan agreement on the largest rescue package in American history,” top Senate Democrat Chuck Schumer said shortly after McConnell spoke. “So many people are being put out of work through no fault of their own. They don’t
Washington, March 25: As if presiding over the threatened destruction of the US economy by the Covid-19 pandemic is not enough, President Donald Trump is watching another financial drama: The Trump Organisation hotel, golf course and real estate business that made him a billionaire. His fivestar US and Canada hotels with more than 2,200 rooms are mostly empty, his golf courses in the United
know what their future is going to be like, how are they going to pay the bills,” Schumer added. “Well, we come to their rescue.” The Senate and
States, Scotland and Ireland are under pressure to close, and his cherished “Southern White House” — the beach-front Mar-aLago club in Palm Beach, Florida is shuttered. Like other hotels around the country, Trump’s have been forced to lay off most workers and face the fact that the $435 million in revenues that the Trump Organisation reported in 2018 is likely to plummet this year.
House of Representatives still need to pass the legislation before sending it to President Donald Trump for his signature.