U.S. Proposes $1.5 Trillion Stimulus, $20 Billion Aid Extension For Airlines

9Views

October 1, 2020

The Trump administration has proposed including a $20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over $1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.

House Democrats, who had sought $2.2 trillion in relief funds to combat the effects of the coronavirus on the U.S. economy, had been at loggerheads over the new measure with the White House, which had proposed legislation worth $1.5 trillion.

Speaking to reporters aboard Air Force One, Meadows said the White House’s latest offer was generous but 2 trillion was too much.

“If it starts with a 2, it’s going to be a real problem,” he told reporters en route to Washington from the swing state of Minnesota where U.S. President Donald Trump headlined a rally ahead of elections in November.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

U.S. Proposes $1.5 Trillion Stimulus, $20 Billion Aid Extension For Airlines

Speak Your Mind

LEAVE A REPLY Cancel reply

Get in Touch

Recommend for You

Oh hi there It’s nice to meet you.

Subscribe and receive our weekly newsletter packed with awesome articles that really matters to you!

You might also like

EDITOR PICKS

POPULAR POSTS

POPULAR CATEGORY

About Us

Follow Us

Support Us & Be a Patreon

Add QNewsHub to your Homescreen!

Oh hi there
It’s nice to meet you.