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Coronavirus Bailouts

Posted on AllSides April 17th, 2020

“Some large U.S. passenger airlines are close to accepting the terms of a $25 billion offer for government coronavirus payroll aid… Airline industry officials expect all major airlines to accept the grants in coming days, and U.S. Treasury Secretary Steven Mnuchin said on Monday he expects decisions to come out ‘very quickly.’” (Reuters)

“In a digital briefing before the House Oversight Committee last week, Postmaster General Megan Brennan told lawmakers that the agency would ‘run out of cash’ by the end of the fiscal year in September without help from...

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