Daily Mail: White House and Senate leaders reach a deal on $2 TRILLION coronavirus package to send $1.2K checks to Americans after Lindsey Graham said Democrats were ‘nickel-and-diming while people are dying’ following days of negotiations
* A deal on the stimulus bill was announced just after 1am on Wednesday
* Bill would send $1,200 checks to many Americans in a one-time payment
* Includes a $367B loan program for small businesses and $500B for industries
* Senate vote is expected on Wednesday with a vote in the House to follow
* Follows contentious debate and partisan deadlock on the crucial bill
* Graham, a Republican, slammed Democrats for ‘nickling and diming’
The White House has reached a deal with leaders in the Senate on a $2 trillion stimulus deal to aid economic recovery from the coronavirus pandemic.
The deal was announced just after 1am on Wednesday, after hours of contentious floor speeches in the Senate that appeared to show negotiations teetering on the brink.
Senate Majority Leader Mitch McConnell said that a vote was planned for Wednesday afternoon, with a House vote to follow.
The legislation aims to flood the reeling economy with capital by sending $1,200 checks to many Americans, creating a $367 billion loan program for small businesses, and setting up a $500 billion fund for industries, cities and states.
Read more ….
WNU Editor: State and local governments want more of the money …. Cuomo: ‘Numbers don’t work’ in ‘terrible’ Senate stimulus package (The Hill). This is what is in the bill …. $1,200 checks, extended unemployment benefits: What’s in the U.S. Senate’s $2 trillion coronavirus deal (Cleveland.com). Here is an easy prediction. This money will all be gone in a few weeks, and there will be demands for another relief bill.
Washington agrees on unrivaled $2 trillion virus rescue bill — AP
Senate convenes for vote on unprecedented $2 trillion coronavirus aid package — Reuters
White House, Senate reach deal on $2 trillion stimulus package — The Hill
Senate readies vote on massive coronavirus rescue package — Politico
White House, Senate reach historic $2 trillion stimulus deal amid growing coronavirus fears — CNN
McConnell says $2T bill is ’emergency relief’ and not a ‘stimulus’ — The Hill