U.S. Senate Passes A Historic $2 Trillion Coronavirus Relief Package Featured

  26 March 2020

As reported by CNBC, The Senate passed a historic $2 trillion coronavirus relief package Wednesday night, as it tries to address the economic devastation caused by Covid-19.

 The chamber approved the bill — the largest economic rescue package in U.S. history — in a unanimous 96-0 vote after days of furious negotiations, partisan sniping and raised tempers on the Senate floor. The bill now heads to the House, which will push to pass it by voice vote Friday morning because most representatives are out of Washington. 

“This is a proud moment for the United States Senate and for the country and we’re going to win this battle in the very near future,” Senate Majority Leader Mitch McConnell, R-Ky., told reporters after the vote.

The 880-page legislation includes one-time direct payments to individuals, stronger unemployment insurance, loans and grants to businesses and more health-care resources for hospitals, states and municipalities. It includes requirements that insurance providers cover preventive services for COVID-19. Read more here.