The exact details of the legislation are vague. However, at 2:40 a.m. Senate Minority Leader Chuck Schumer tweeted a five-minute clip of a speech, in which he outlines some aspects of the agreed-upon deal.
We have a bipartisan agreement to address this public health and economic crisis
— Chuck Schumer (@SenSchumer) March 25, 2020
It is not a moment of celebration but one of necessity
We fought to send much-needed resources to fight coronavirus and to put people and workers first
The agreement now reflects those priorities pic.twitter.com/yORkeCoMsl
He said the package includes over $130 billion for medical services, money for “unemployment compensation on steroids”, oversight for loans given to corporations, $150 billion for state and local governments for resources, and loans for small businesses.
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Senate Majority Leader Mitch McConnell’s comments, tweeted at 1:51 a.m., were much briefer.
At last, we have a deal.
— Leader McConnell (@senatemajldr) March 25, 2020
After days of intense discussions, the Senate has reached a bipartisan agreement on a historic relief package for this pandemic.
We’re going to pass this legislation later today.
He announced that after days of discussions the Senate has reached an agreement, and promising “We’re going to pass this legislation later today.”
The Senate is scheduled to reconvene at noon today to consider the bill.
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