Coronavirus: Historic $3.1 trillion aid package passes US House, becomes law

VIDEO: REUTERS
Trump signs the Bill into law at the White House.
Trump signs the Bill into law at the White House.PHOTO: EPA-EFE

WASHINGTON (REUTERS) – The US House of Representatives on Friday (March 27) approved a US$2.2 trillion (S$3.1 trillion) aid package – the largest in history – to help cope with the economic downturn inflicted by the intensifying coronavirus pandemic, and President Donald Trump quickly signed it into law. 

The massive Bill passed the Senate and House of Representatives nearly unanimously.

The rare bipartisan action underscored how seriously Republican and Democratic lawmakers are taking the global pandemic as Americans suffer, and the medical system threatens to buckle.

“Our nation faces an economic and health emergency of historic proportions due to the coronavirus pandemic, the worst pandemic in over 100 years,” House Speaker Nancy Pelosi said at the close of a three-hour debate before the lower chamber approved the Bill.

“Whatever we do next, right now we’re going to pass this legislation.”

The massive Bill also rushes billions of dollars to medical providers on the front lines of the outbreak.

Democrats and Republicans in the Democratic-led House approved the package on a voice vote, turning back a procedural challenge from Republican Representative Thomas Massie, who had sought to force a formal, recorded vote.

Massie, an independent-minded Republican who has repeatedly defied party leaders, wrote on Twitter that he thought the bill contained too much extraneous spending and gave too much power to the Federal Reserve. His fellow lawmakers overruled his request.

On Twitter, Trump called Massie a “third rate Grandstander” and said he should be thrown out of the Republican Party. “He just wants the publicity,” wrote Trump, who last week began pushing for urgent action on coronavirus after long downplaying the risk.

Democratic and Republican leaders asked members to return to Washington to ensure there would be enough present to head off Massie’s gambit. Lawmakers from as far away as California were present for the debate.

The session was held under special rules to limit the spread of the disease among members, who used hand sanitiser and in at least one case wore protective gloves.

 
 
 

At least three members of Congress have tested positive for the coronavirus and more than two dozen have self-quarantined to limit its spread.

The Senate, which approved the Bill in a unanimous vote on Wednesday evening, has adjourned and is not scheduled to return to Washington until late April.

Older people have proven especially vulnerable to Covid-19, the disease caused by the coronavirus. The average age of House members was 58 at the beginning of 2019, well above the average age of 38 for the US population as a whole.

‘THE VIRUS IS HERE’ 

Democratic and Republican leaders appeared together at a news conference to celebrate the Bill’s passage – an unusual event for a chamber that is normally sharply divided along partisan lines.

“The virus is here. We did not ask for it, we did not invite it. We did not choose it. But with the passing of the Bill you will see that we will fight it together, and we will win together,” said Kevin McCarthy, the top House Republican.

He did not say whether Massie would face any disciplinary measures from the party.

The rescue package is the largest fiscal relief measure ever by Congress.

The US$2.2 trillion measure includes US$500 billion to help hard-hit industries and US$290 billion for payments of up to US$3,000 to millions of families.

It will also provide US$350 billion for small-business loans, US$250 billion for expanded unemployment aid and at least US$100 billion for hospitals and related health systems.

 
 

The rare but deep bipartisan support in Congress underscored how seriously lawmakers are taking the global pandemic as Americans suffer and the medical system threatens to buckle.

On Friday, the number of coronavirus cases in the United States surpassed China and Italy at over 100,000, according to a Reuters tally. The death toll had exceeded 1,300 by Thursday.

Adding to the misery, the Labor Department reported the number of Americans filing claims for unemployment benefits surged to 3.28 million, the highest level ever.