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White House, Senate reach late-night deal on $2 trillion coronavirus stimulus package
White House and Senate leaders reached a historic deal shortly after midnight Wednesday on a massive $2 trillion coronavirus relief package for workers and businesses, although support in the House of Representatives remained uncertain as one member openly criticized the plan.
White House and Senate leaders reached a historic deal shortly after midnight Wednesday on a massive $2 trillion coronavirus relief package for workers and businesses, although support in the House of Representatives remained uncertain as one member openly criticized the plan.
The bipartisan breakthrough in the Senate capped days of heated negotiations that had nearly been derailed by last-minute demands from House Democrats.
“Ladies and gentleman, we are done," White House legislative affairs director Eric Ueland announced as he left the office of Senate Majority Leader Mitch McConnell, R-Ky., near midnight. "We have a deal."
"Much of the work on bill text has been completed and I’m hopeful over the next few hours we’ll finish what's left and we will circulate it early in the morning," Ueland told reporters.
Senate Minority Leader Chuck Schumer, D-N.Y., said the bill amounts to “unemployment compensation on steroids," and that every American who is laid off will have their missed salary remunerated. That provision will enable companies to stay afloat and immediately bring back those employees when things are safe, Schumer said.
Still, trouble may be on the horizon for the bill. Michigan independent Rep. Justin Amash, who recently left the Republican Party, signaled that he might essentially delay consideration of the bill in the House. The lower chamber may seek to pass the legislation via unanimous consent because many members are not in Washington -- but a single member can ruin that plan. Click here for more on our top story.
Other related developments:
- To get all the latest news on coronavirus and more delivered daily to your inbox, sign up here
- Trump worries US will see 'suicides by the thousands' if coronavirus devastates economy
- Ilhan Omar says coronavirus outbreak calls for 'radical' takeover of private hospitals
Other related developments:
- To get all the latest news on coronavirus and more delivered daily to your inbox, sign up here
- Trump worries US will see 'suicides by the thousands' if coronavirus devastates economy
- Ilhan Omar says coronavirus outbreak calls for 'radical' takeover of private hospitals
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