Senate Working at ‘Warp Speed’ to Finish Drafting Stimulus Today

Trillion-dollar infusion in works for individuals, business
House Democrats expect to see draft of plan Thursday afternoon

WATCH: The U.S. Senate has cleared a second package aimed at providing relief in the face of the coronavirus pandemic.(Source: Bloomberg)

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By Steven T. Dennis, Billy House, and Laura Litvan

March 19, 2020 at 8:00 AM UTC

Updated on

March 19, 2020 at 5:55 PM UTC

This article is for subscribers only.

Congressional leaders raced to draft legislation by Thursday for the next virus-related economic rescue plan that could exceed the size and scope of the emergency measures taken during the 2008 financial crisis.

Soaring layoffs, plunging markets and shuttered schools, shops and factories caused by the coronavirus outbreak have sparked a sense of urgency in Congress and at the White House.