The House of Representatives passed the $2 trillion stimulus package on Friday, even as lawmakers said another rescue package would be needed.
The bill passed on a voice vote. President Donald Trump signed the measure on Friday afternoon in the Oval Office.
Most Americans will receive a one-time payment of $1,200 plus $500 per child. The bill also provides hundreds of billions of dollars in loans and loan guarantees to business, as well as a massive expansion of unemployment insurance. A record-shattering 3.3 million Americans filed for unemployment last week, as non-essential businesses have been forced to shut down across the country to slow the spread of the disease.
READ MORE