With more than 43,000 American lives lost due to COVID-19 so far, the US Senate has agreed to an additional fiscal stimulus and President Donald Trump has announced that the nation will stop processing ‘Green card’ applications for a period of 60 days.
The Senate has unanimously agreed to an additional fiscal stimulus amount of USD 484 billion. This amount will be used to revive the US economy and expenditure related to hospital care. It is expected to boost US fight against COVID-19. The US House of Representatives will on Wednesday consider this matter. The total fiscal stimulus pumped into the economy stands at USD 3 trillion till date.
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Keeping up with his “America First” policy, US President Donald Trump has conveyed his intention to introduce an immigration ban through an executive order. This will be applicable for a period of 60 days and will pertain to the processing of ‘Green card’ applications. The US President announced that this will ensure that the norm of “American Jobs for Americans” is maintained. The US economy is under considerable stress ahead of the Presidential elections in November.
Lastly, the US appears to be a divided house when it comes to easing the restrictions associated with social distancing. Trump had announced a three phased plan of lifting the lockdown last week. However, only a handful of states have agreed to implement this. Major states like New York have in fact extended the lockdown within their jurisdictions.