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US Businesses Seek $2 Trillion in Bailouts Due to COVID-19

2020-03-19 189 Dailymotion

US Businesses Seek $2 Trillion <br />in Bailouts Due to COVID-19 From major airlines to Amtrak and <br />the Native American Gaming Industry, U.S. businesses are seeking financial help <br />from the federal government and <br />President Trump due to the global pandemic. The biggest request may come from the <br />National Association of Manufacturers, <br />which wants $1.4 trillion in loans. According to Reuters, American airports are <br />asking for $10 billion, while airlines are <br />looking for $50 billion. Due to a decrease in riders and <br />bookings, Amtrak is seeking $1 billion. The restaurant industry, which has been hit hard <br />by COVID-19, wants a $455 billion package. $250 billion in aid is also being discussed by <br />leaders in the hotel and travel industry. That same amount is being asked for <br />by the U.S. Conference of Mayors, who want the money to <br />help stop the spread <br />of COVID-19 in <br />their respective cities.

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