President Signs the Coronavirus Aid, Relief, and Economic Security Act

March 28, 2020 Yesterday, President Trump signed into law, ''the Coronavirus Aid, Relief, and Economic Security Act."   This is the $2 trillion coronavirus stimulus bill. The law would: Send $1,200 to each American making $75,000 a year or less. Add $600/week to unemployment benefits for four months. Give $100 billion to hospitals and health providers and increases Medicare reimbursements for treating coronavirus. Give $750 million to food banks, to Puerto Rico and the other territories for food assistance, and to programs for food distribution on American Indian reservations. Make $500 billion of loans or investments to businesses, states and municipalities, and $32 billion in grants to the airline industry. Relief for those with federally-backed mortgages. Delay student loan payments For a copy of the law, please click on the link below: https://www.govinfo.gov/content/pkg/BILLS-116hr748enr/pdf/BILLS-116hr748enr.pdf