US Senate passes $2tn stimulus package as coronavirus batters economy | Eurasia Diary - ednews.net

7 April, Tuesday


US Senate passes $2tn stimulus package as coronavirus batters economy

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The US Senate has passed a nearly $2tn stimulus package to help rescue the American economy ravaged by the coronavirus pandemic as Donald Trump considers easing restrictions aimed at combating the contagion, EDNews reports citing The Guardian.

After days of around-the-clock negotiations between senators and administration officials, a bipartisan compromise was struck over what is expected to be the largest US economic stimulus measure ever passed.

The bill next goes to the House, where Democrats have introduced their own proposal.

“This is not a juicy political opportunity,” the Senate majority leader, Mitch McConnell, said in a remarks from the floor on Monday. “This is a national emergency.”

 

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