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The coronavirus is going to make the public deficit of the United States go over 20% of the GDP this year. This is the result of adding the deficit predicted by the Government of Donald Trump in the Budgets (one trillion), the drop in the collection caused by the coronavirus (another trillion) and the fiscal stimulus package that is being finalized by the Senate of that country (two billion more).

Adding that to the Federal Reserve's policies to give the market liquidity, $ 6 trillion ($ 5.5 trillion) comes out, according to Donald Trump's chief economic advisers team, Larry Kudlow. That means 30% of GDP. Thus, it would be the largest economic stimulus package since the New Deal of the 1930s with which the US Government fought the Great Depression.

The two trillion dollars (1.84 trillion euros) of stimulus, represent approximately 10.3% of US GDP. Its details are still unclear. And, in addition, the House of Representatives , controlled by the Democratic opposition, has its own version. But the market has not stopped to look at those details. After registering the biggest rise in its History on Monday, Wall Street continued to rise yesterday after, at half past six in the morning and after spending the whole night awake negotiating (something that would be inconceivable in the Congress of Deputies Spanish), the Republican and Democratic senators announced that they had reached an agreement in principle.

The point is that, although the Senate is holding a session right now, the text has not been released. Speculation points to half a trillion dollars (460,000 million euros) of aid for companies, local administrations and, also, for citizens. Each taxpayer will receive up to a maximum of 1,200 dollars (1,100 euros) and an extra $ 500 for each dependent minor.

Unemployment expands from the current 6 months to 10, and also the minimum unemployment benefit. Another 300,000 million dollars (275,000 million euros) will go to SMEs and small businesses, which are being pulverized by the 'closure' of the country. Around 350,000 million dollars more (320,000 million euros) go to the direct fight against the pandemic in hospitals.

Aid is a combination of direct transfers, subsidies, tax exemptions, State credits and also State guarantees in granting credits. The Democratic Party has forced the republicans, in power, to extend the unemployment benefit and, also, to make that the companies that receive aid have to put their assets or actions as collateral, and they are limited, until they return the money to public coffers, their ability to fire staff and give 'bonuses' to their managers. Companies that receive State aid will also not be able to pay dividends or carry out treasury stock operations, that is, spend their money buying their own shares so that their price rises (which favors shareholders and, also, senior managers, who have their remuneration linked to the share price).

According to the Bloomberg news agency, among those who will not be benefited from the bailout are the businesses or entities in which more than 20% of the capital is in the hands of the president, vice president, cabinet members, congressmen, and relatives of any of them. The move comes after the investigative journalism website ProPublica reported that at least four senators - three Republicans and one Democrat - sold millions of dollars in shares after a private session in February informing them of the danger of the coronavirus. Most of Donald Trump's economic interests are in the hospitality sector, one of the most affected by the crisis, and in the states of New York, New Jersey, and Florida, which are experiencing an exponential increase in cases.

Other measures that the text could include would be a rescue of Boeing , with an aid of 17,000 million dollars (15,600 million euros), although the aeronautical manufacturer does not come out directly mentioning. The air transport sector would receive around 62,000 million dollars (57,000 million euros), although of that amount only 40% will go to the airlines.

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