There is a $2 trillion Relief Fund Bill for Employee Retention set up by President Trump. But should that run out of money, he has pledged to seek additional funding from Congress. During a COVID-19 White House briefing, Trump said:
“This is money that’s really going directly to the people who need it, the small businesses who need it, and the workers that need it. When we open, we want to open strong with businesses that are going.”
Known as the CARES Act – the Coronavirus Aid, Relief and Economic Security Act – this has been hailed as “the largest economic stimulus bill in modern history,” more than 100 percent higher than the Stimulus Act initiated during the Financial Crisis of 2009.