Total amount of aid in the US due to COVID-19 will be about $ 6 trillion

US, WASHINGTON (ORDO NEWS) — The total amount of financial assistance in the United States in connection with the coronavirus pandemic will be about $ 6 trillion, said US Presidential Advisor on Economic Affairs Larry Kudlow.

“The total size of the aid package is about six trillion dollars: two trillion – direct assistance, about four – through loans from the federal reserve ( US Federal Reserve – ed.),” Kudlow said at a press conference.

According to him, this will be the largest package of financial assistance in US history, which will be provided in the form of cash and loans to a wide range of Americans – the unemployed, families, individual entrepreneurs.

“It will be a difficult period, but it will be weeks. It should not be for years,” added Kudlow.


Our Standards, Terms of Use: Standard Terms And Conditions.

Contact us: [email protected]

The article is written and prepared by our foreign editors from different countries around the world – material edited and published by Ordo News staff in our US newsroom press.