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Added on the 07/05/2018 19:16:04 - Copyright : Wochit
European Commission vice-president Valdis Dombrovskis announces details of an 18-billion-euro ($18-billion) economic support package to get Ukraine through 2023, which it hopes will be approved by EU member states. SOUNDBITE
EU chief Ursula von der Leyen proposes extra aid to Ukraine this year of up to nine billion euros ($9.5 billion) to help it cope with the ravages of war. SOUNDBITE
President Donald Trump faces a ticking clock with respect to the current proposed COVID-19 relief package. Trump has suggested he may reject the $900 billion package that Congress approved earlier this week unless lawmakers include $2,000 stimulus payments. Business Insider reports Trump could cost jobless workers a week of $300 federal unemployment benefits if he fails to sign the bill by midnight Saturday. Business Insider reports nearly 14 million Americans may lose all their unemployment aid this weekend if the bill doesn't pass. Labor experts say a two-to-three week gap in unemployment benefits is inevitable, as states need to recalibrate their computer systems to send the payments.
$900 billion stimulus package is on its way to President Donald Trump. Trump is at his Mar-a-Lago resort in Florida. Business Insider reports that Trump hates the massive 5,593-page bill. The bill includes the $1.4 trillion omnibus spending bill. The president called the bill a "disgrace" earlier this week and demanded an increase in direct payments from $600 to $2,000. On Thursday, House Democrats moved to advance Trump's bid for $2,000 stimulus checks but Republicans shut down their efforts.
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