A whopping 8 908 billion package to stabilize the US economy

Washington, Ta. Monday, December 21, 2020

The two houses of the US House of Representatives and the White House have come up with a huge package of 8 908 billion to seat the coronated America. This amount will be used for unemployment allowance, relief to various industries, help in rent, food assistant, transportation relief, education, help in health care sector etc. The basic objective is to increase the amount of cash in the hands of the people and to meet their daily needs.

Both houses of the US House of Representatives and the White House have been negotiating for months, but no agreement has been reached. The package has now been prepared on a priority basis and will be tabled in Parliament in the coming days. If the amount of 900 billion is converted into rupees, the amount at today's rate would be more than 66500 billion.

The package will provide સહાય 286 billion in direct assistance. 32 325 billion for US small business, 69 69 billion for vaccine distribution and other health programs, 82 82 billion for schools, 45 45 billion for transportation, 25 25 billion for rental assistance, and more.

The package is part of a previously announced 4 1.4 trillion package, but will now be implemented. Under the new package, unemployed Americans will receive checks ranging from 300 300 to 11 600 per week for 11 weeks. However, there are fears that ordinary citizens will not get enough help from this amount.