President Trump has signed a $2 trillion coronavirus relief package into law, after the House voted to approve the bill, also known as Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act is the third aid package from Congress this month to address the coronavirus pandemic. This relief package includes direct payments to many Americans, an expansion of unemployment insurance program, offers relief to business through loans, and aid to hospitals.
The House will join the Senate in an extended recess due to the pandemic. Speaker Pelosi told reporters that House Democrats are in the early stages of drafting a fourth coronavirus relief package that will include substantial investments in infrastructure. The next bill is expected to include policies that will:
- Expand the Supplemental Nutrition Assistance Program
- Increase funding for employer-provided pension
- Expand paid leave for workers
- Boost the availability of protective medical equipment
- Strengthen worker protections under the the Occupational Safety and Health Administration
The bill is expected to be introduced in the next few weeks.