© 2023 WVIK
Listen at 90.3 FM and 105.7 FM in the Quad Cities, 95.9 FM in Dubuque, or on the WVIK app!
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Government

COVID-19: Bustos on What's in the Financial Relief Bill

_caresactstatement_-_google_chrome_3272020_52540_pm.bmp_.jpg
https://www.facebook.com/RepCheri/videos/666110940833576/
/
US Rep. Cheri Bustos Facebook page
US Rep. Cheri Bustos speaks on the House floor in support of the CARES Act.

US Representative Cheri Bustos says the relief package, passed by the House today, will help people and businesses survive the coronavirus pandemic. It's called, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 

The Moline congresswoman says the $2 trillion package includes $1,200 cash payments to people who earn $75,000 or less. The unemployment benefits feature full paycheck replacement and will extend unemployment benefits. Bustos says individual contractors and the self-employed will also be eligible for those benefits. 

The COVID-19 relief bill also includes $350 billion in financial assistance for small businesses and farmers. Farmers will also have access to additional credit programs. 

The bill will create a $150 billion State Coronavirus Relief Fund for state and local governments. Bustos says Illinois will receive about 4.9 billion. 

us_leads_number_of_cases_ugh_capture.jpg
Credit https://coronavirus.jhu.edu/map.html / Johns Hopkins University, CSSE
/
Johns Hopkins University, CSSE
Screenshot from the Johns Hopkins University interactive map showing the number of US confirmed cases has surpassed China's on 3/26/2020.

And the legislation will provide around $200 billion for hospitals, health care workers, and health researchers.

The funding will help them replenish dwindling supplies of masks, gowns, goggles, other personal protective equipment, and medical supplies.

Officially, Michelle's title is WVIK News Editor. She does everything there is to do in the newsroom and whatever may be needed around the radio station.
Related Content