The White House and leaders in the US Senate agreed to a $2 trillion stimulus package to help businesses impacted by the Coronavirus Wednesday; unveiling a sweeping bipartisan plan to shore-up the economy and protect American workers.
“The White House and Senate leaders of both parties announced agreement early Wednesday on an unprecedented $2 trillion emergency bill to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic,” reports the Associated Press.
“To the American people, we say, big help, quick help is on the way,” said Senate Minority Leader Chuck Schumer.
The proposal now heads to the Democrat-controlled House of Representatives.
“House Democrats will now review the final provisions and legislative text of the agreement to determine a course of action,” said Speaker Pelosi.
“After days of intense discussions, the Senate has reached a bipartisan agreement on a historic relief package for this pandemic,” said Majority Leader Mitch McConnell. “It will rush new resources onto the front lines of our nation’s health care fight. And it will inject trillions of dollars of cash into the economy as fast as possible to help Americans workers, families, small businesses and industries make it through this disruption and emerge on the other side ready to soar.”
Read the full report here.
Source: Associated Press