WASHINGTON (Reuters) – A U.S. House committee on Wednesday will consider a Democratic plan to allocate another $14 billion to extend payroll assistance to U.S. airlines to keep thousands of workers on the job through September 30, according to a committee document seen by Reuters.
Lawmakers are planning to extend new assistance to U.S. airlines for the program that has received $40 billion to date and is set to expire March 31 in the $1.9 trillion COVID-19 relief bill. The proposal is also set to extend new aid to airports and passenger railroad Amtrak. The House Financial Services Committee proposal includes $14 billion for airlines and $1 billion for contractors.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Be the first to comment