WASHINGTON (WLFI) — US Senator Todd Young said task forces in Washington D.C. are working furiously to help our country's economy.
The coronavirus pandemic has left people without jobs and businesses, especially locally, are suffering.
Thursday the federal government passed an economic stability package for aid to individuals through direct payments or payroll tax cut.
Young said it is worth $500 billion
He added he and fellow politicians are working around the clock to help.
"Time is of the essence," said Young "There are literally business that have already gone under. There are businesses that have experienced zero sales. People have been laid off or furloughed."
Young told reporters Thursday how the money from the economic stability package will be divided.
"The first package, health care," said Young. "Second package, folks who are out of work and dealt with that and the basic needs of people who are at home feeling unwell or at home caring for loved ones. The third package is focused on liquidity."
Young said he supports people receiving payments of up to $2,500 monthly and hopefully the process will start being implemented in April.
His goal is to make sure small businesses are making payroll and staying open.