Covid-19: under pressure, Donald Trump ratifies American recovery plan

The $ 900 billion aid plan, which the president threatened to veto, notably restores unemployment benefits for millions of Americans.

Le Monde avec AFP

Donald Trump loved playing scary until the end. Pressed to ratify an aid plan of 900 billion dollars (737 billion euros) on which Democrats and Republicans had finally agreed after months of negotiations, the American president had threatened for a few days to oppose it its veto. In question, the insufficient amount of the check provided for each American: 600 dollars – Donald Trump claimed three times as much.

Sunday, December 27, on his golf course in Mar-a-Lago in Florida, the billionaire did not seem in a hurry to put an end to the suspense, as the US economy is at the end of its rope, hit hard since the start of the pandemic. The turnaround came, as always, from the President’s Twitter account, promising “good news” in the evening.

Good news on Covid Relief Bill. Information to follow!

– realDonaldTrump (@Donald J. Trump) blockquote >

Public services will remain open

Cornered in the face of pressure from parliamentarians of all political stripes, Donald Trump has finally ratified the Congress plan, which grants aid to affected households and small businesses by the Covid-19 pandemic.

“I ratify this legislation to restore unemployment benefits, stop evictions (rental), provide assistance to donors, add additional funds to the business loan program, allow airline employees to return to work and provide substantial additional funds for the distribution of vaccines “, Mr. Trump explained in a press release.

First consequence: unemployment benefits, suspended since midnight Saturday for 12 millions of worried Americans are going to be able to pay. The new stimulus plan extends federal aid to the unemployed until mid-March.

It also grants guaranteed loans to businesses, provides billions of dollars in aid to SMEs, to companies in the restaurants, hotels, air transport, and extends the moratorium prohibiting the evictions of people who cannot pay their rent, suspends foreclosures and provides funds for the distribution of anti-Covid-19 vaccines.

The tenant of the White House has also signed the federal state financing law, which will prevent a shutdown of services public.

/Le Monde Report. View in full here.