Economics
Senate Passes $2 Trillion Virus Rescue Plan: Congress Update
- Read the latest from Congress’s talks on coronavirus bills
- Agreement on $2 trillion package follows days of negotiations
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Republicans and Democrats reached a hard-won agreement on the Senate’s $2 trillion worth of fiscal stimulus to shore up an economy crippled by the coronavirus pandemic.
The final version was the product of intense negotiations between Senate Democratic leader Chuck Schumer and Treasury Secretary Steven Mnuchin. With the measure clearing the Senate, House Speaker Nancy Pelosi will be under pressure to pass the measure quickly for President Donald Trump to sign into law.