House passes $480 billion package for small businesses, hospitals, expanded testing [CNN]
Meta Platforms, Inc. - Class A (FB)
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Source: CNN
House approves $480 billion package to help small businesses and hospitals, expand Covid-19 testingByClare ForanHaley ByrdManu RajuUpdated 6:19 PM ET, Thu April 23, 2020Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.House Speaker Nancy Pelosi of California arrives Thursday on Capitol Hill in Washington.Washington (CNN)The vote was 388-5. The measure passed the Senate earlier this week and will now go to President Donald Trump, who has expressed support for the legislation and indicated that he will sign it.total price tag of the bill is approximately $484 billionIn addition, the legislation provides $75 billion for hospitals and health care providers to address coronavirus expenses and lost revenue and $25 billion to facilitate and expand Covid-19 testing. The increased funding for testing comes at a time when there is widespread recognition that testing capacity must increase and improve as states consider when to reopen businesses and lift s
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