Trump Signs Coronavirus Supplemental Relief Bill

President Trump has signed the “Phase 3.5” emergency interim coronavirus relief package that will replenish the fund for small businesses with $484 billion. It will also add billions of dollars to help hospitals across the United States as they combat the coronavirus.

In a ceremony held at the Oval Office, President Trump praised the bill, saying that it is “great for small businesses” and “great for the workers.” In addition, the president argued that it will “extend relief to thousands of African-American and Hispanic American business owners.”

Specifically, the bill provides $310 billion for the Paycheck Protection Program, which is aimed at helping businesses that have fewer than 500 employees by allowing them to obtain loans that can cover eight weeks of their payroll, their benefits, and other expenses.

The bill passed in the U.S. House of Representatives by an overwhelming margin of 388-5 with 35 legislators not voting.

 

Javier Manjarres

Javier Manjarres is a nationally renowned award-winning political journalist. Diverse New Media, Corp. publishes Floridianpress.com, Hispolitica.com, shark-tank.com, and Texaspolitics.com He enjoys traveling, playing soccer, mixed martial arts, weight-lifting, swimming, and biking. Javier is also a political consultant, and has also authored "BROWN PEOPLE," which is a book about Hispanic Politics. Learn more at www.brownpeople.org Email him at Diversenewmedia@gmail.com

Recent Posts

Former MLB Star Mark Teixeira Launches Congressional Campaign in Texas

Mark Teixeira (R), former New York Yankees first baseman and three-time MLB All-Star, officially announced…

15 hours ago

Texas Nuclear Alliance Welcomes American Fuel Resources as Newest Member

The Texas Nuclear Alliance (TNA) has announced that American Fuel Resources has joined as its…

21 hours ago

Governor Abbott Signs “Make America Healthy Again” Legislation

In a ceremonial bill signing held today, Governor Greg Abbott (R) officially signed into law…

21 hours ago

Paxton Urges Texas Supreme Court to Overturn Decision Favoring Beto O’Rourke, Court Denies him

Texas Attorney General Ken Paxton (R) has filed an emergency appeal with the Texas Supreme…

21 hours ago

LONESTAR — 8.28.2025 — Texas Lawmakers Respond to Minnesota Shooting — Abbot Signs Bills Curbing Adversarial Influence in Texas — and More...

A devastating Catholic school shooting has taken place in Minnesota, leaving two dead and seventeen…

21 hours ago

Texas Legislature Approves Over-the-Counter Ivermectin

The Texas Legislature has approved a bill that would make ivermectin available to Texans without…

22 hours ago