AP Photo/J. Scott Applewhite
- Senate leaders and the White House reached a deal on a roughly $2 trillion economic stimulus as the coronavirus threatens near-term recession.
- The compromise on the stimulus package was announced just before 1 a.m. ET, but the full text of the deal with specifics is not expected to be circulated until later in the morning.
- In a speech on the floor following the deal, Senate Majority Leader Mitch McConnell said the bill would inject trillions into the economy and would include checks for Americans, calling it a "wartime level of investment."
- "We have a bipartisan agreement on the largest rescue package in American history," Senate Minority Leader Chuck Schumer said.
- The Senate will reconvene at 12 p.m. ET on Wednesday.
- Visit Business Insider's homepage for more stories.
Senate leaders and the White House reached a deal on a roughly $2 trillion economic stimulus as the coronavirus threatens near-term recession.
The compromise on the stimulus package was announced just before 1 a.m. ET, but the full text of the deal with specifics is not expected to be circulated until later in the morning.
See the rest of the story at Business Insider
See Also:
- Former Republican Gov. Mike Huckabee urges Americans facing toilet paper shortages to use corn cobs instead
- 'I've seen people shot and killed': 86 year-old Senator Dianne Feinstein says she's 'been in worse situations' than the coronavirus
- Senate Republicans are reportedly close to agreeing on a $1 trillion coronavirus stimulus package
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