Trump signs into law $484 billion bill that replenishes coronavirus aid program for small businesses

President Donald Trump on Friday signed into law a $484 billion measure that provides additional money for a coronavirus aid program for small businesses, following the Democratic-led House’s approval of the legislation on Thursday and the Republican-run Senate’s passage of it on Tuesday.

The bill received overwhelming support in the House, with 388 votes in favor of it and only five against it, while the Senate approved it by a voice vote.

The measure, which comes after extensive negotiations between Democrats and Republicans produced a deal on Tuesday, contains about $320 billion for a Paycheck Protection Program meant to help small businesses. It also has about $75 billion for hospitals, $25 billion for coronavirus testing and $60 billion for the Small Business Administration’s Economic Injury Disaster Loan program.