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White House and Congress Near Deal on Nearly 2Tr Rescue Plan
Negotiations between the White House and Congress continued Sunday over a nearly 2 trillion dollar coronavirus rescue package as the crisis deepened. Senate leaders clashed over the draft bill, while President Trump urged quick action and state governors pressed for more aid. The plan would provide direct payments to individuals, extended unemployment benefits, and billions for hospitals, food programs, and small businesses. critics warn it tilts to corporations and lacks sufficient healthcare and worker protections. The package, plus Fed support, aims to stabilize a toppy economy as lawmakers race to complete a measure in the face of mounting hospital demand and unemployment claims.
MENTIONED IN THIS ARTICLE
Washington
Congress
White House
U.S
Donald Trump
Senate
Capitol Hill
Trump
McConnell
Chuck Schumer
D-N.y
New York City
Bill de Blasio
NBC
de Blasio
New York
California
National Guard
Greg Abbott
Texas
Paul
House
Venezuela
General Motors
Tesla
Sen
Mitt Romney
Utah
Romney
Federal Reserve
Treasury
Steven Mnuchin
Mnuchin
Treasury Department
Massachusetts
Elizabeth Warren
Associated Press
World Health Organization
Italy
Rand Paul
Kentucky
U.S. Senate
Angela Merkel