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US Senate, White House agree on USD 2 trillion rescue for virus-hit US economy

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AFP Washington
Last Updated : Mar 25 2020 | 1:12 PM IST

The Senate and White House have reached agreement on a USD 2 trillion stimulus package for the US economy and millions of Americans ravaged by the coronavirus crisis, top lawmakers said early Wednesday.

"At last, we have a deal," Senate Majority Leader Mitch McConnell said, hailing the massive "wartime level of investment into our nation" reached after five days of arduous and tense negotiations.

"We have a bipartisan agreement on the largest rescue package in American history," top Senate Democrat Chuck Schumer said shortly after McConnell spoke.

"So many people are being put out of work through no fault of their own. They don't know what their future is going to be like, how are they going to pay the bills," Schumer added.

"Well, we come to their rescue."
"The longer it takes, the harder it will be to start up our economy. Our workers will be hurt!"

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First Published: Mar 25 2020 | 1:12 PM IST

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