President Trump signed the new coronavirus relief bill yesterday after initially suggesting that he may reject the $900B package. The legislation was approved alongside a broader $1.4T government funding bill that will keep the government funded through September 2021.
More context: While the relief package has now been signed into law, President Trump issued a statement last night noting that he will propose subsequent changes through a formal “rescission” process and that the House will vote to increase direct payments to eligible Americans from $600 to $2,000 today. Any changes to the legislation would require approval from both chambers of Congress.
Extra: Read the full statement from President Trump.
The New Paper
This story is from the December 28, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.
