Business

Trump promises help for Americans out of work because of virus

United Press International

President Trump promised on Wednesday to financially help Americans who are out of work because of the COVID-19 pandemic.

The president vowed in an early morning tweet that “money will soon be coming” to those who are out of work because of the “important and necessary containment policies” associated with reducing the coronavirus outbreak in the U.S.

“For the people that are now out of work because of the important and necessary containment policies, for instance the shutting down of hotels, bars and restaurants, money will soon be coming to you,” he tweeted. “The onslaught of the Chinese Virus is not your fault! Will be stronger than ever!”

Amid the coronavirus crisis, Trump and other lawmakers have been considering sending out checks to millions of Americans in an attempt to keep the economy afloat. Treasury Secretary Steven Mnuchin said during a Tuesday press conference that the administration is aiming to send money to residents in the next two weeks. 

Several industries, such as hotels and restaurants, have been hit hard with shutdowns from either a lack of revenue or government orders, leaving employees without income. 

A Tuesday analysis from S&P Global found the U.S. could already be entering a recession because of the pandemic and the measures being taken to contain the virus. 

COVID-19 has infected almost 6,500 people in the U.S., resulting in 114 deaths and 17 recoveries, according to data from Johns Hopkins University.

Tags bars Containment Coronavirus COVID-19 Donald Trump hotels restaurant closures Restaurants Steven Mnuchin

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