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Federal Gov’t Seeks Roughly $850B in Emergency Stimulus

As the Senate moves forward on the latest Coronavirus bill, the White House is seeking roughly $850 billion in emergency stimulus to confront an economic fallout.

$500 in stimulus will come in the form of tax relief, according to Fox News.  $250 billion will come in Small Business Administration loans and $58 billion will go to the airline industry.

Meanwhile, the Senate is pushing forward a $750 billion spending package that will expand unemployment insurance and expand Medicaid.

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