03.25.20

White House and Senate Strike a Deal on $2 Trillion Coronavirus Stimulus Bill

Source: CNBC

The White House and Senate leaders reached a deal early Wednesday on a massive $2 trillion
relief bill—said to be the largest rescue package in American history—to combat the economic impact of the coronavirus outbreak, according to a CNBC report.

“At last we have a deal,” Senate Majority Leader Mitch McConnell said after 1:30 a.m. ET from the floor of the Senate.

Efforts to pass the measure have taken on urgency as hospitals, companies, states and individuals have all pleaded for needed resources to battle the pandemic. Its impact has now reached into the Senate: Sen. Rand Paul, R-Ky., earlier this week announced he has tested positive for coronavirus.

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