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Old 03-25-2020, 12:48 AM   #3965
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Default Negotiators agree in principle on $2 trillion stimulus bill

The White House and Senate leaders reached a breakthrough deal shortly after midnight Wednesday on a massive and historic $2 trillion coronavirus relief package for workers and businesses, capping days of heated negotiations. “Ladies and gentleman, we are done," White House legislative affairs director Eric Ueland announced as he left the office of Senate Majority Leader Mitch McConnell, R-Ky., near midnight. "We have a deal."

Senate Minority Leader Chuck Schumer, D-N.Y., said the bill amounts to “unemployment compensation on steroids," and that every American laid off will have their missed salary remunerated. The stimulus package will enable companies to stay afloat and immediately bring back those employees when things are safe‬, Schumer said. In a letter to his colleagues, Schumer remarked, “Democrats are ready to give our unanimous consent to speed up the consideration of the bill and get the job done.“ That means that if there are no objections from Republicans, the Senate could clear this bill without a formal roll call vote. Parliamentarily, that is the fastest way to move something on the floor.
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