‘The coronavirus is slowing our economy to a near standstill’: Senate Democratic Leader Chuck Schumer warned of an economic recession as the coronavirus spreads through the U.S.
WASHINGTON - The U.S. Senate overwhelmingly passed legislation on Wednesday providing billions of dollars to limit the damage from the coronavirus pandemic through free testing, paid sick leave and expanded safety-net spending.
The exact cost has not been tallied, but the congressional Joint Committee on Taxation estimates that the sick leave and family leave provisions alone would cost $105 billion. The plan also would provide $300 billion for small businesses, $50 billion in loans for cash-strapped airlines and $150 billion for loan guarantees to other distressed economic sectors.
U.S. Senate Majority Leader Mitch McConnell descends down an escalator ahead of a series of votes on response for the coronavirus disease , on Capitol Hill in Washington, U.S., March 18, 2020. REUTERS/Tom Brenner Separately, the Trump administration also asked Congress for an additional $45.8 billion to shore up U.S. government agencies responding to the outbreak.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
White House, Senate GOP working on $1T stimulus package, cash payments to AmericansThe White House and Senate Republicans are working on a $1 trillion economic stimulus package — the third infusion of emergency spending to help the U.S. economy amid the coronavirus pandemic. The measure would include direct payments to Americans.
Leer más »
Paid sick leave bill to combat coronavirus hits a snag—Senate Republicans'I don't agree with everything 100 percent. But you know what, we need to do something right away,' Sen. Joni Ernst (R-Iowa), a member of leadership, told Newsweek. 'We know that we're going to have people out of work, and we need to make sure that they're getting relief.'
Leer más »
Trump taps powers to boost virus response; Senate OKs billThe Senate passes a coronavirus response measure that would provide for free testing and mandate that employers provide sick leave to workers who get COVID-19. The package now goes to President Trump for his signature.
Leer más »
Senate could push through ‘phase 3’ coronavirus rescue plan this weekEven before Congress has finished work on a second stimulus bill to deal with the coronavirus crisis, senators from both parties and the White House are already talking about a third package
Leer más »