Trump urges Congress to provide $25 billion bailout for U.S. airlines

U.S. President Donald Trump said late on Tuesday Congress should quickly extend $25 billion in new payroll assistance to U.S. passenger airlines furloughing thousands of workers as air travel remains down sharply amid the coronavirus pandemic. Trump’s new demand came hours after he announced his administration would abandon talks with congressional Democrats over proposals to spend at least $1.6 trillion in additional coronavirus relief funds, a move that appeared to scuttle a new $25 billion bailout for U.S. passenger airlines to keep tens of thousands of workers on the job for another six months. …read more

Source:: Yahoo Finance

      

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