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Percent they say of the grants that the airlines would get would actually benefit taxpayers get this they say in the form of payroll and income tax receipts that doesnt make any sense at all they dont loan someone money if they can pay it back to you and then say thats a benefit to me because they were going to give some of the back and form of taxes thats thats crazy and so essentially what theyve done is are saying 30 percent of it youre going to repay back at some point but i got to tell you this stinks this whole thing 25000000000. 00 going directly to airlines to build them out when in th...

Now conversations continue with airlines regarding their potential participation no thats of course what. Joining us now to discuss is boom bust cohost and investigative journalist ben swan ben thank you so much for joining us today you know yesterday when we saw the reports of this all coming out it was interesting to see how it was written as the airlines have accepted this bailout theyve theyve done a gracious moment and accepted it but im going to start with the issue of repayment so so far we know that about 30 percent of these bailout funds will be in loans and the other 70 percent will ...

A bailout package in the billions included in the 2 trillion dollars stimulus package signed on march 27th was about 25000000000 dollars for the Airline Industry but until now the Treasury Department in the airlines had not come to an agreement on exactly how or under what conditions the airlines would receive that money now they greenman which came together late tuesday includes warrants that could lead to the federal government owning equity stakes in the companies and requirements that 30 percent of the assistance would have to be paid back now according to treasury secretary Kerry Stephen ...

A huge agreement has been reached between the Trump Administration and u. S. Airlines for a bailout package in the billions included in the 2 trillion dollars stimulus package signed on march 27th was about 25000000000 dollars for the Airline Industry but until now the Treasury Department in the airlines had not come to an agreement on exactly how or under what conditions the airlines would receive that money now they greenman which came together late tuesday includes warrants that could lead to the federal government owning equity stakes in the companies and requirements that 30 percent of th...

Down plus well take another look at the global spread of the coronavirus and action taken by governments around the world and the markets are in the red again and being dragged down by poor big performance we have expert analysis on hand to go over the details with a packed show today so lets dive right in. And a huge agreement has been reached between the Trump Administration and u. S. Airlines for a bailout package in the billions included in the 2 trillion dollars stimulus package signed on march 27th was about 25000000000 dollars for the Airline Industry but until now the Treasury Departme...