Thursday, May 13, 2021

20 States Planning to Reopen Their Economies in Near Future: Trump

President Donald Trump said Tuesday that 20 states plan to reopen as the United States passed the pe..

By Sunday Herald Team , in US Politics , at April 22, 2020

President Donald Trump said Tuesday that 20 states plan to reopen as the United States passed the peak of the CCP (Chinese Communist Party) virus outbreak.

“We are opening up America again,” he said during the White House CCP Virus Task Force press briefing. “Twenty states, representing 40 percent of the population, have announced they are making plans and preparations to safely restart their economies in the very near future. Three announced today.”

President Trump thanked Chuck Schumer (D-N.Y.), the U.S. Senate minority leader, and Mitch McConnell (R-Ky.), the Senate Majority Leader, for passing the new small business relief bill.

The legislation in this round of stimulus funding approves $482 billion in aid, including for small businesses, and for hospitals to increase testing.

It comes days after the Small Business Administrations Paycheck Protection Program (PPP)—which was passed last month as part of the third stimulus package—ran out of money, meaning no new loans could be issued until it was replenished. The new bill provides an additional $310 billion for the program.

The funding package includes $50 billion for disaster relief loans, which would enable to government to lend up to $300 billion. Funds for hospitals and COVID-19 testing make up the bulk of the rest of the funds.

“We look forward to the House passing this tomorrow,” Trump said after thanked House leaders Nancy Pelosi (D-Calif.) and Kevin McCarthy (R-Calif.).

Business to Rebound Late Summer: Mnuchin

The CCP virus, commonly known as novel coronavirus, has been linked to at least 176,926 deaths globally and infected over 2.5 million people as of Tuesday afternoon, according to official government data collated by Johns Hopkins University.

The numbers are considered inaccurate by many because of a lag in data collection by governments as well as significant underreporting of known cases and deaths by the regime ruling mainland China.

There are over 823,000 confirmed cases and 44,805 deaths in the United States; the data shows.

The Epoch Times

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