A $2.2 trillion draft bill for coronavirus aid unveiled by Democrats in the U.S. House of Representatives late on Monday gave airlines some hope for a second bailout before tens of thousands of layoffs occur on Thursday, although tough hurdles remained.
FILE PHOTO: American airlines jets made by Embraer and other manufacturers sit at gates at Washington's Reagan National airport as the novel coronavirus pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, U.S. April 29, 2020. REUTERS/Kevin Lamarque/
“I’m hopeful. I’m not necessarily optimistic,” Chief Executive Nicholas Calio of trade group Airlines for America told “PBS NewsHour” in an interview. Washington insiders said passage by Thursday, when an initial $25 billion that protected airline jobs through September expires, was unlikely, and the airline group did not detail the congressional action it hoped to see.
An option would be a quick standalone bill for the airlines, although senior Democratic congressional aides said that was also difficult given that many industries are seeking help. International President of Flight Attendants-CWA Sara Nelson called the proposal, which includes $25 billion for airlines to keep workers on the payroll for another six months, “a significant and serious move in negotiations.”Between United Airlines
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. House COVID-19 aid proposal gives airlines some hope for deal this weekA $2.2 trillion draft bill for coronavirus aid unveiled by Democrats in the U.S. House of Representatives late Monday gave airlines some hope for a second bailout before tens of thousands of layoffs occur on Thursday, though tough hurdles remained.
Read more »
Pelosi expresses hope deal can be reached with White House on COVID-19 reliefU.S. House Speaker Nancy Pelosi, the top Democrat in Congress, said on Sunday she thinks a deal can be reached with the White House on a coronavirus relief package and that talks were continuing. Formal talks between Pelosi, Senate Democratic leader Chuck Schumer, Mnuchin and White House Chief of Staff
Read more »
Pelosi expresses hope deal can be reached with White House on COVID-19 reliefU.S. House Speaker Nancy Pelosi, the top Democrat in Congress, said on Sunday she thinks a deal can be reached with the White House on a coronavirus relief package and that talks were continuing.
Read more »
YouTube's Worst Villain Cleaned Up in Covid-19 Loans, Months After Buying a $14 Million HouseJeffree Star, Beauty YouTube’s preeminent villain known for his makeup line, merch company, and expert ability to cause enough drama to distract from his own alleged racism, has given detractors another reason to hate him. According to ProPublica’s Paycheck Protection Program (PPP) loans database, Star took somewhere between $350,000 to $1 million on May 3 for his merch company, Killer Merch, where he sells products for fellow YouTube demons Ninja, Shane Dawson, and sister James Charles. As you may recall, PPP loans are part of the CARES act, created by the federal government to help small businesses keep employees on payroll during the covid-19 pandemic. Star’s Killer Merch company listed 59 employees at the time.
Read more »
House Democrats introduce $2.2 trillion COVID-19 relief bill, unlikely to pass in SenateThe bill would provide another round of $1,200 stimulus checks, reauthorize the small business lending program, bring back the $600 federal boost to the unemployment benefit through January, and provide assistance for the airline industry.
Read more »
With Breonna Taylor protests, COVID-19 and record homicides, Louisville police are in crisisBreonna Taylor's death has catapulted Louisville into the national spotlight and made the city’s police department a focal point of the cry for racial justice and police reform.
Read more »