Senate Unanimously Passes Bipartisan Wuhan Coronavirus Relief Package. Here's What That Means For You.

The Senate passed the Coronavirus Aid, Relief and Economic Security (CARES) Act late Wednesday night. The measure passed with a unanimous vote of 96-0 and has a price tag of $2.2 trillion.

The Senate, however, failed to pass the Sasse Amendment which would prevent people from receiving more unemployment benefits than they would if they had a job. The vote was tied 48-48.

Senate Majority Leader Mitch McConnell (R-KY) made it clear this would be the Senate's last opportunity to pass the bill before they go on recess until after Easter break.

Before the vote began, Senate Minority Leader Chuck Schumer (D-NY) urged his Democratic colleagues to vote in favor of the compromise.

"Over the past few days, the Senate has stepped into the breach. We packed weeks or perhaps months of the legislative process into five days. Representatives from both sides of the aisle and both ends of Pennsylvania Avenue have forged a bipartisan agreement in highly partisan times, with very little time to spare," Schumer explained to his colleagues. "It’s been a long, hard road, with a remarkable number of twists and turns, but for the sake of millions of Americans, it will be worth it. It will be worth it to get help to millions of small businesses and save tens of millions of jobs."

Under the bill, Americans will receive a one-time cash payment of $1,200 per adult for those making under $75,000. Couples will receive a one-time cash payment of $2,400 and $500 per child, as long as they make less than $150,000.