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Politics Here's what's in the developing coronavirus stimulus bill

19:26  24 march  2020
19:26  24 march  2020 Source:   cnbc.com

McConnell warns coronavirus stimulus bill could be delayed for days

  McConnell warns coronavirus stimulus bill could be delayed for days Senate Majority Leader Mitch McConnell (R-Ky.) warned on Monday that a massive coronavirus stimulus package could be delayed for days unless every senator agrees to speed it up. McConnell's comments come after Senate Democrats blocked the coronavirus package on a key procedural hurdle for a second time. McConnell did not vote against the package - a procedural move that would have allowed him to bring it back up quickly.

Here ' s what ' s in the developing coronavirus stimulus bill . Senate Majority Leader Mitch McConnell, a Republican from Kentucky, participates in a press conference primarily focusing on the Senate's response to the coronavirus following the Republican weekly caucus luncheon in the U.S

The talks remain fluid after Democrats pushed back against an initial Republican draft of the bill on Sunday, and officials in both parties said that. WASHINGTON (Reuters) - The U. S . Senate on Monday was negotiating a nearly trillion emergency bill that aims to stem some of the economic

As Republicans and Democrats forged ahead toward a deal on a massive economic stimulus proposal to combat the effects of the coronavirus pandemic, details of the developing proposal have started to emerge. 

Chuck Schumer © SAUL LOEB Chuck Schumer

Senate Democrats struck down the bill in a procedural vote on Monday amid a gulf in what both parties wanted to include in it. But they made progress by Tuesday morning, as Senate Minority Leader Chuck Schumer said the sides were at "the 2-yard line." 

Here are some of the components of the plan as it stood Tuesday morning, according to congressional leaders:

McConnell says Senate will pass House coronavirus bill without changes

  McConnell says Senate will pass House coronavirus bill without changes Senate Majority Leader Mitch McConnell (R-Ky.) said Tuesday the upper chamber will pass the House's second coronavirus funding package without changes.The decision comes despite some vocal GOP opposition to the measure over concerns about its impact on small businesses. "My counsel is to gag and vote for it anyway," McConnell said. The House bill provides up to 10 days of paid leave for some workers and bolsters unemployment insurance. TheThe decision comes despite some vocal GOP opposition to the measure over concerns about its impact on small businesses.

Here ' s what ' s in the developing coronavirus stimulus bill . Coronavirus live updates: Details of massive stimulus bill emerge as US cases top 46,000.

Here ' s what ' s in the developing coronavirus stimulus bill . Coronavirus live updates: Details of massive stimulus bill emerge as US cases top 46,000.

  • Cash payments of up to $2,400 for married couples and $500 per child
  • A $350 billion fund for small businesses to mitigate layoffs and support payroll
  • $240 billion in health care relief 
  • $75 billion in aid for hospitals
  • $20 billion in aid for health care for veterans
  • $20 billion in aid for emergency public transportation relief
  • $10 billion in aid for airport relief
  • $4.5 billion in aid for the Centers for Disease Control and Prevention
  • Strengthened unemployment insurance with up to four months of full pay to laid-off workers
  • An inspector general to oversee the $500 billion pool of federal relief funding for ailing industries

The coronavirus, which is believed to have originated in Wuhan, China, has spread to dozens of countries, with more than 387,382 confirmed cases worldwide and at least 16,767 deaths so far, according to data from Johns Hopkins University. There are at least 46,450 cases in the United States and at least 595 deaths, according to the latest tallies. 

House Dems' emergency coronavirus stimulus bill includes $35M for JFK Performing Arts Center .
House Democrats are being criticized on Monday for allotting expenses in their proposal of an emergency stimulus bill that has nothing to do with the coronavirus outbreak, including $35 million meant for the John F. Kennedy Center of Performing Arts in Washington D.C. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Following the Senate Democrats derailing the pursuit of a bipartisan-drafted stimulus bill, the House led by Speaker Nancy Pelosi, D-Calif.

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