Why did this happen? For more information you can review our Terms of Service and Cookie Policy. Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. Reporting by Lewis Krauskopf; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles. Earnings will continue to be in focus next week along with data tracking the economic recovery and developments with President Joe Biden's proposed $1.9 trillion coronavirus relief package.
President Joe Biden's proposed interest relief package will effectively give away $1.9 trillion.
( z0 give-away :ARG0 ( z1 package :ARG0-of ( z2 relieve :ARG1 ( z3 interest ) ) :ARG1-of ( z4 propose :ARG0 ( z5 person :name ( z6 name :op "Joe" :op "Biden" ) :ARG0-of ( z7 have-org-role :ARG2 ( z8 president ) ) ) ) ) :ARG1 ( z9 monetary-quantity :quant 1500000000000 :unit ( z10 dollar ) ) :ARG1-of ( z11 effective ) )
(z0 / give-away-02
    :ARG0 (z1 / package
              :ARG0-of (z2 / relieve-01
                           :ARG1 (z3 / interest))
              :ARG1-of (z4 / propose-01
                           :ARG0 (z5 / person
                                     :name (z6 / name
                                               :op1 "Joe"
                                               :op2 "Biden")
                                     :ARG0-of (z7 / have-org-role-91
                                                  :ARG2 (z8 / president)))))
    :ARG1 (z9 / monetary-quantity
              :quant 1500000000000
              :unit (z10 / dollar))
    :ARG1-of (z11 / effective-04))
President Joe Biden 's proposed interest relief package will effectively give away $ 1.9 trillion .
z7 :ARG2 z8
z6 :op1 2
z5 :name z6
z5 :ARG0-of z7
z6 :op2 1
z4 :ARG0 z5
z2 :ARG1 z3
z1 :ARG0-of z2
z1 :ARG1-of z4
z0 :ARG1-of z11
z0 :ARG0 z1
z0 :ARG1 z9
z9 :unit z10
z9 :quant 0