Global markets were buoyed after Trump signed the massive spending measure and backed away from a year-end government spending crisis. Bitter holidayUnemployment benefits being paid out to about 14 million people through pandemic programs lapsed on Saturday but will be restarted now that Trump has signed the bill. “It is good news that the president has signed the relief bill. But his delayed action cost Washingtonians a week of PUA (Pandemic Unemployment Assistance) benefits,” Inslee, a Democrat, tweeted. It includes $1.4 trillion in spending to fund government agencies and avert a government shutdown that would have begun on Tuesday had Trump not signed the legislation.

Source: National Post December 28, 2020 14:39 UTC