Senate and White House agree on $ 2 trillion coronavirus aid package

Senate and White House agree on $ 2 trillion coronavirus aid package

Washington – White House and Senate leaders from both parties have reached a $ 2 trillion comprehensive agreement to help workers, businesses and a health care system stemming from the outbreak of coronaviruses.

Top White House aide Eric Uland announced the settlement in the Capitol hallway shortly after midnight.

The agreement often came after days of intense panic and increasing pressure and still needed to be finalized in detailed legislative language.

Coronavirus: to answer the race ›

More in Coronovirus: Race to Respond

“Ladies and gentlemen, we’re done. We have a deal,” Uland said.

Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer were seen making a ruckus on the Senate floor about the package shortly after 1:40 am.

The unprecedented economic rescue package will make direct payments to most Americans, expand unemployment benefits and provide a $ 367 billion program for small businesses to continue payroll while workers are forced to stay indoors.

One of the final issues of closing $ 500 billion related to guarantees, concessional loans to large industries, involves a fight over how lenient the airlines are to be with. Hospitals will receive significant help, as well.

You May Also Like

About the Author: Oliver

Leave a Reply

Your email address will not be published. Required fields are marked *