Congress begins prepping 4th COVID-19 relief package

Legislators, administration officials and others are already working on another stimulus package to combat the economic impact of COVID-19, just days after President Donald Trump signed a $2 trillion emergency spending bill into law, according to The Wall Street Journal.

Advertisement

Since early March, President Trump has signed three emergency funding bills into law, and each has been larger than the last. There are several ideas being floated for the fourth phase, including extending the benefits included in the $2 trillion package enacted last week and providing more funds to shore up state government budgets.

“The left is going to want to do infrastructure, welfare payments and food stamps,” Stephen Moore, a fellow at the conservative Heritage Foundation, told WSJ. “Our side will want to do tax cuts and deregulation.”

Debate on the fourth phase is expected to begin by late April, according to the report.

More articles on healthcare finance:
CMS expands speedy payments to hospitals: 5 things to know
Pennsylvania hospital facing April 1 shutdown gets support from governor
5 Washington hospitals face ‘imminent closure’ as COVID-19 wreaks havoc

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.