Senate reaches deal on Corona stimulus plan
Vote on $2 trillion aid package expected later today. NBC's Tracie Potts reports.
WASHINGTON (NBC News) — Lawmakers have reached a deal on a massive stimulus package aimed at blunting the economic impact of the COVID-19 outbreak.
After five days of negotiations, an agreement was reached overnight on nearly $2 trillion to help workers and businesses affected by the coronavirus.
“This is a wartime level of investment into our nation,” Senate Majority Leader Mitch McConnell said.
Democratic leader Senator Chuck Schumer also praised the deal, saying “Help is on the way, big help and quick help.”
The stimulus bill includes:
– Four months of extended unemployment insurance
– Aid for hospitals and health systems
– Small business loans
– Disaster relief for state and local governments.
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