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Politics Senate's coronavirus package would be worth more than $2 trillion - White House adviser

17:50  21 march  2020
17:50  21 march  2020 Source:   reuters.com

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The coronavirus stimulus package being negotiated by the U. S . Senate would be worth more than $ 2 trillion , White House economic adviser Larry Kudlow said on Saturday. Asked if that amounted to more than $ 2 trillion , Kudlow said: 'That' s correct.' 'We´re just trying to cover the right bases

Coronavirus Live Updates: Senate Debates Trillion Rescue Plan; States Tell People to Soon more than 1 in 5 Americans will be under orders to stay mostly indoors. At a White House briefing on Friday, Secretary of State Mike Pompeo said that border closures to nonessential travelers from

WASHINGTON — The coronavirus stimulus package being negotiated by the U.S. Senate would be worth more than $2 trillion, White House economic adviser Larry Kudlow said on Saturday.

White House economic adviser Larry Kudlow arrives for a meeting on Capitol Hill on March 20, 2020. © Susan Walsh White House economic adviser Larry Kudlow arrives for a meeting on Capitol Hill on March 20, 2020.

"The package is coming in at about 10 percent of GDP," Kudlow told reporters. Asked if that amounted to more than $2 trillion, Kudlow said: "That's correct."

“We’re just trying to cover the right bases,” Kudlow said as he entered the talks. “It’s a problem of weeks and months, not years. We just want a bridge.”

Kudlow also said lawmakers are considering a payroll tax holiday for small businesses.

McConnell says Republicans 'getting close' to a GOP deal on $1 trillion stimulus ahead of talks with Democrats

  McConnell says Republicans 'getting close' to a GOP deal on $1 trillion stimulus ahead of talks with Democrats Senate Republicans are racing to reach a GOP deal on a massive $1 trillion economic stimulus as the coronavirus crisis intensifies, despite facing criticism from Democrats who warn that efforts to swiftly pass a stimulus could be derailed if they are not included in negotiations now. © Drew Angerer/Getty Images Senate Majority Leader Mitch McConnell (R-KY) walks to the Senate floor for the start of impeachment trial proceedings at the U.S. Capitol on January 21, 2020 in Washington, DC. The Senate impeachment trial of U.S.

As the coronavirus pandemic threatens to bring U. S . economic activity to a halt, American businesses are jockeying for a financial lifeline from President Donald Trump' s administration and Here is a look at requests to federal or state lawmakers for aid to offset the economic fallout of the coronavirus .

At a White House briefing on Friday, Secretary of State Mike Pompeo said that border closures to There is broad agreement on the need for the rescue package , which would be the third round of It recommended prioritizing patients with more than two years of life expectancy, and taking “social A Senate debate over a trillion relief package was hamstrung by the kind of partisan division that

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(Reporting by David Morgan; writing by Jan Wolfe; editing by Daniel Wallis and Tom Brown)

FBI issues warning for COVID-19 stimulus package scams .
Thieves online could be taking advantage of the US's $2 trillion stimulus package, the agency warned.On Wednesday, the US Senate passed a $2 trillion aid package to financially support people affected by the coronavirus outbreak. With businesses temporarily closing and a record 3.3 million Americans filing for unemployment benefits because of the pandemic, the stimulus deal is intended to help boost the US economy.

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