U.S. senators look to quickly pass massive coronavirus bill, head home
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[March 25, 2020]
By Richard Cowan and Patricia Zengerle
WASHINGTON (Reuters) - U.S. senators will
vote on Wednesday on a $2-trillion bipartisan package of legislation to
alleviate the devastating economic impact of the coronavirus pandemic,
hoping it will become law quickly so they can get out of Washington.
Top aides to President Donald Trump and senior Senate Republicans and
Democrats announced they had agreed on the unprecedented stimulus bill
in the early hours of Wednesday, after five days of marathon talks.
"We're going to pass this legislation later today," Republican Senate
Majority Leader Mitch McConnell said.
The massive bill is expected to include a $500 billion fund to help
hard-hit industries and a comparable amount for direct payments of up to
$3,000 to millions of U.S. families.
It will also include $350 billion for small-business loans, $250 billion
for expanded unemployment aid and $150 billion for various healthcare
initiatives, including $100 billion for hospitals and related health
systems.
It aims to flood the U.S. economy with cash in a bid to stem the impact
of a pandemic that has killed more than 660 people in the United States
and sickened more than 50,000, shuttered thousands of businesses, thrown
millions out of work and led states to order 100 million people - nearly
a third of the population - to stay at home.
"This is not a moment of celebration, but one of necessity," Senate
Democratic Leader Chuck Schumer said.
The bill is expected to pass the Senate easily, more so because Senator
Rand Paul, a Republican who was the only senator to vote against an
earlier round of emergency virus funding, may be unable to vote after
testing positive for the disease.
If passed, the unprecedented rescue package, which Schumer called the
largest in U.S. history - would be the third approved by Congress this
month to counter the impact of the crisis.
To become law, the measure must pass the Republican-led Senate and
Democratic-led House of Representatives. House Speaker Nancy Pelosi was
consulted during negotiations on the bipartisan Senate deal, struck
after Democrats twice blocked a measure written by Republicans.
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Senate Majority Leader Mitch McConnell (R-KY) arrives during
negotiations on a coronavirus disease (COVID-19) relief package on
Capitol in Washington, U.S., March 23, 2020. REUTERS/Joshua Roberts
Aides to Pelosi did not immediately respond to a request for comment
on her view of the bill.
It also must be signed by Republican President Donald Trump, who
said on Tuesday he wanted Americans to end "social distancing"
restrictions intended to slow the spread of the virus and return to
work by Easter, April 12.
That worried health officials, who fear ending the lockdown too soon
could bring more virus-related deaths.
Treasury Secretary Steven Mnuchin, the administration point man for
talks, told reporters Trump "absolutely" would sign the bipartisan
stimulus agreement if it passed Congress.
Talks on the deal kept the Senate in Washington as the virus' impact
on the United States increased dramatically. Members of the House of
Representatives left Washington 10 days ago.
While stuck in Washington, many senators told aides to work from
home to lower the risk of contagion, Paul announced his positive
test and a handful of other lawmakers self-quarantined, because they
had been exposed to Paul or others with the illness.
(Interactive graphic tracking global spread of coronavirus: open
https://tmsnrt.rs/3aIRuz7 in an external browser.
)
(Reporting by Richard Cowan; Additional reporting by Patricia
Zengerle; Writing by Patricia Zengerle; Editing by Clarence
Fernandez)
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