Pres. Trump Signs $2.3T Omnibus Budget, COVID Bill

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In a stunning reversal just days after issuing a veto threat to Congress over a bloated budget bill that included direct, $600 payments to American families who continue to reel from the economic effects of the Chinese virus, President Donald Trump has signed the bill, according to numerous sources.

NY Post:

President Trump on Sunday signed a $2.3 trillion COVID-19 relief and government funding bill that includes $600 stimulus checks for most Americans.

The nearly 5,600-page bill passed the House and Senate by overwhelming margins on Monday night, just hours after its text was released.

The bill authorizes direct checks of $600 for people earning up to $75,000 per year. The amount decreases for higher earners and people who make over $95,000 get nothing.

There’s an additional $600 per child stimulus payment.

The bill also contains “a new $300 weekly unemployment supplement and replenishes a forgivable loan program for small businesses,” and “creates new criminal penalties including prison time for violating copyright laws with online streaming.”

The breaking news comes just about two hours after the president gave social media followers a heads up that something was happening with the omnibus bill.

As this is a breaking news story, RedState will add more details as they become available.



 


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