White House stimulus proposal goes over $1.5 trillion with $20 billion for airlines

US airlines have been pleading for another $25 billion in payroll support to protect jobs for a further six months after the current package, which banned furloughs, expired at midnight EDT.

Reuters

October 01, 2020 / 12:19 IST

Representative image

The Trump administration has proposed including a $20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over $1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.

"There's $20 billion in the most recent proposal for the airlines that would give them a six month extension," Meadows told reporters aboard Air Force One, noting that the industry was in urgent need of support.

American Airlines and United Airlines, two of the largest US carriers, said they were beginning furloughs of over 32,000 workers on Thursday as hopes faded for a last-minute bailout from Washington.

US airlines have been pleading for another $25 billion in payroll support to protect jobs for a further six months after the current package, which banned furloughs, expired at midnight EDT.

Coronavirus relief talks between the White House and House Democrats had stalled in large part over the price tag, with Democrats seeking $2.2 trillion and the White House staying firm at $1.5 trillion.

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White House stimulus proposal goes over $1.5 trillion with $20 billion for airlines

US airlines have been pleading for another $25 billion in payroll support to protect jobs for a further six months after the current package, which banned furloughs, expired at midnight EDT.

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White House stimulus proposal goes over $1.5 trillion with $20 billion for airlines

US airlines have been pleading for another $25 billion in payroll support to protect jobs for a further six months after the current package, which banned furloughs, expired at midnight EDT.

Related stories

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