Home » HR practices » Professional development » Legal developments » National legislation » United States: Washington puts a $2 trillion stimulus package in place to cope with the economic consequences of Covid-19 United States: Washington puts a $2 trillion stimulus package in place to cope with the economic consequences of Covid-19 Following intense negotiations (24 and 25 March) Washington’s Democrat and Republican Senators eventually came to agreement over a $2 trillion economic stimulus package, in what is the biggest Federal aid package ever seen and which easily outstrips the $800 billion allocated during the 2008 financial crisis. The package includes direct payments to families and more generous unemployment compensation amounts. Through . Published on 26 March 2020 à 12h48 - Update on 26 March 2020 à 13h40 Resources Senate Majority Leader Mitch McConnell formally announced the agreement on the Senate floor, describing it as “a wartime level of investment for our nation,” while Senate Minority Leader Chuck Schumer (Democrat – New York) declared, “This is not a moment of celebration but one of necessity,” and he continued, “I say to all Americans that strong fast help is on the way.”… Managing the fallout of Covid-19 Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.PhoneThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
