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- The Senate failed to pass a trillion-dollar stimulus package on Sunday evening, with Democrats arguing the aid measure failed to adequately protect workers impacted by the novel coronavirus spread.
- The historic relief package was introduced by Senate Republicans on Thursday and offered several measures to help small businesses and large corporations, as well as allocating some unemployment insurance and $250 billion directly to Americans.
- It's unclear how much the stimulus package would cost. The New York Times estimated it's cost could top $1.8 trillion.
- As of Sunday evening, the US had 33,420 confirmed cases of the virus and reported 417 deaths across all 50 states and several territories.
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Senate Democrats blocked the advancement of a trillion-dollar stimulus package on Sunday evening, arguing that the aid measure failed to adequately protect workers impacted by the novel coronavirus spread.
The historic relief package was introduced by Senate Republicans on Thursday and aimed to cut corporate taxes, offer large loans to small businesses and major corporations, and limit the paid leave expansion passed in the emergency measure. The deal offered $250 billion directly to Americans, as well as 39 weeks of unemployment insurance to eligible workers, according to Axios.
See the rest of the story at Business Insider
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See Also:
- Italy surpasses its own record death toll for a single day, with 793 coronavirus deaths in 24 hours
- Singapore reports its first coronavirus-related deaths
- Here's how to get a coronavirus test in New York City if you're feeling sick
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