Senate Fails to Pass Coronavirus Stimulus Bill
Headline Roundup March 23rd, 2020
Democrats in the U.S. Senate voted on Sunday to block a coronavirus stimulus bill, pushing for more funding to help hospitals and others hurt by the outbreak.
The Trump Administration and lawmakers hoped to send a positive message to unstable stock markets and to those worried about coronavirus-induced economic damage.
Negotiations over a mammoth stimulus package to address the coronavirus crisis spilled over into Monday as top members of leadership and administration officials tried to revive hopes of a bipartisan deal.
Senate Majority Leader Mitch McConnell (R-Ky.), Minority Leader Charles Schumer (D-N.Y.) and Treasury Secretary Steven Mnuchin left the Capitol around midnight, still unable to clinch a bipartisan agreement despite three days of around-the-block negotiations.
White House director of legislative affairs Eric Ueland, asked where the divides are, said there were still a “handful of issues” that remained as sticking...
Senate Democrats Sunday blocked a critical economic relief package worth more than $2 trillion, stalling plans to pass the bill by Monday and send it to the House.
Lawmakers and the Trump administration hoped to send a positive message to unstable stock markets and to those worried about the damage to the economy and job losses caused by the spread of the virus.
The measure includes sending direct cash payments that would average about $3,000 per family and expanding unemployment insurance, as well as $350 billion in aid to struggling...
Senate leaders and Trump administration officials are resuming talks Monday morning on a giant stimulus bill aimed at propping up an economy hard-hit by the coronavirus, after weekend negotiations failed to produce a deal.
Senate Democrats voted Sunday evening to block the bill from advancing, infuriating Republicans. Democrats have alleged the bill does too much to help prop up businesses without directing enough money to households, hospitals and health professionals. White House officials have acknowledged the unprecedented assistance the legislation would steer toward corporations but they have said this money...
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