Things could still change, but as of mid-day on Wednesday, it seems that the Congressional relief package for coronavirus response is all but done. Hospitals and the rest of the health care system have a large earmark,
The legislation will also invest $150 billion in the health care system, which is already straining to respond to the quickly expanding number of infections across the country, and send $150 billion to state and local governments saddled with costs related to the virus, Mr. Schumer told Senate Democrats Wednesday morning.
We won’t know the actual fiscal impact the virus will have on hospitals and the health care system as a whole for a while. But in the short term, this massive sum of assistance from the federal government will go a long way in supporting the health care systems that are the countries frontline defense against the virus.