After millions of Americans lost their jobs practically overnight due to the COVID-19 pandemic, many are wondering exactly when and how they’ll receive their money. WASHINGTON - Highlights of a $2.2 trillion package to help businesses, workers and a health care system staggered by the coronavirus that President Donald Trump signed into law Friday after the House voted final congressional approval. FULL COVERAGE: CORONAVIRUS — Loans and guarantees to businesses, state and local governments: $500 billion.
Up to $50 billion for passenger airlines and $8 billion for air cargo carriers, half for paying workers. $17 billion for “businesses critical to maintaining national security.” Borrowers must be U.S.-based.