WASHINGTON (Sputnik) – US President Donald Trump said he wants to release an unspent $300 billion to use for coronavirus financial relief if Congress approves the plan.
According to Trump, the money is “sitting” in an account that the government ended up not needing because of the positive economic indicators.
The US economy shrank at its fastest pace in history in the second quarter of 2020, contracting by 32.9 percent amid widespread lockdowns due to the novel coronavirus pandemic. Economic and labor market data in recent months have, however, pointed to an encouraging recovery.
Sourse: sputniknews.com
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