Coronavirus Related Challenges Mount for the U S ; Global Death Toll Nears 200,000
Channel: NSM Facts
Date: 2020-04-25

Coronavirus-Related Challenges Mount for the U.S.; Global Death Toll Nears 200,000
CBO says shutdowns would bring about the sharpest economic downturn the U.S. has seen in decades
The U.S. House has passed a $484 billion bill to help small businesses and hospitals, Boeing’s troubled 737 MAX is unlikely to win regulatory approval until August or later, holy month of Ramadan starts amid strict lockdown orders. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Win McNamee/Getty Images
The Congressional debate over coronavirus relief shifted its focus to aid for states and cities, as one projection said lockdowns would bring about the most severe economic downturn the U.S. has seen in decades.

On Friday, lawmakers turned their attention to additional aid after President Trump signed a $484 billion coronavirus-relief package. Republicans have been skeptical about the next round of stimulus spending, which Democrats view as crucial to offset challenges faced by smaller businesses.

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