White House, Senate Reach Deal on $2 Trillion Coronavirus Stimulus Package

White House, Senate Reach Deal on $2 Trillion Coronavirus Stimulus Package

Mona Salama
|
March 25, 2020
The White House and Senate leaders struck a major deal early Wednesday morning on a massive $2-trillion relief package aimed at jolting the economy from the detrimental impact amid the coronavirus outbreak crisis.  The announcement caps five days of intense negotiations between senators and the White House that produced the most expensive and far-reaching bipartisan […]
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McConnell Introduces ‘Phase 3’ Coronavirus Relief Proposal

McConnell Introduces ‘Phase 3’ Coronavirus Relief Proposal

Mona Salama
|
March 19, 2020
Senate Majority Leader Mitch McConnell (R-KY) introduced a $1 trillion emergency economic aid proposal to address the economic fallout from the coronavirus outbreak pandemic. The Coronavirus Aid, Relief, and Economic Security Act or “phase three" bill unveiled Thursday afternoon includes four major components: “direct financial help” for Americans, “rapid relief” for small businesses, “significant steps to stabilize our […]
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