Senate passes bill to ensure paid leave benefits to many Americans as coronavirus upends labor market. The bill now goes to Drumpf for enactment.
The measure, already approved by the House, secured bipartisan support, but lawmakers are already writing new legislation to try and rescue the economy in a sign of how quickly the economy is deteriorating. The Senate passed the bill 90-8.
This is a developing story and will be updated...
White House officials are working with congressional Republicans on an emergency stimulus package that could send two $1,000 checks to many Americans and also devote $300 billion towards helping small businesses avoid mass layoffs, according to two senior administration officials and a Treasury Department fact sheet.
No final decisions have been made and talks with Republican leaders remain fluid, but the growing scale of the $1 trillion rescue plan is coming into sharper focus. The Treasury Department is circulating a two-page sheet of priorities that it wants to see in the final deal, which includes a $50 billion “airline industry secured lending facility” that would allow it to make direct loans to “U.S. passenger and cargo air carriers.”