US Trump Signs Second COVID-19 Emergency Relief Bill (Update)

[Image source=AP Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] U.S. President Donald Trump signed an emergency budget bill including paid sick leave on the 18th (local time) to respond to the novel coronavirus infection (COVID-19), Bloomberg News reported.

This is the second COVID-19 related budget bill this month, covering paid sick leave and family leave, free COVID-19 testing, strengthened unemployment insurance, and food and medical support for vulnerable groups.

This bill was passed overwhelmingly by the Senate with a 90 to 8 vote on the same day, following the COVID-19 emergency budget bill led by the Democratic Party that was passed on the 14th.

According to AFP and other news agencies, the budget size of this bill is known to be 100 billion dollars (approximately 123 trillion won). This is the second emergency budget bill following the 8.3 billion dollar bill passed on the 5th. Separately, President Trump has requested Congress to pass an additional 1 trillion dollar economic stimulus package to prevent the spread of COVID-19 and support damages, so the related budget is expected to increase significantly.

This content was produced with the assistance of AI translation services.