The U.S. Senate on Tuesday was negotiating a nearly $2 trillion emergency bill t...
WASHINGTON - The U.S. Senate on Tuesday was negotiating a nearly $2 trillion emergency bill that aims to counter some of the economic toll of the coronavirus pandemic.
Below are some details under negotiation, which would need to be passed by the Republican-controlled Senate and the Democratic-controlled House of Representatives before going to President Donald Trump for his signature: A senior administration official said there was agreement the $500 billion fund should have an inspector general as well as an oversight board, with lawmakers selecting members of the board.
- Up to $130 billion for hospitals. Republicans said on Monday they have agreed to $75 billion. Hospitals sought $100 billion, and Senate Democratic leader Chuck Schumer said on a conference call Tuesday he believed Democrats had secured $130 billion, according to a person familiar with the call. - Schumer expressed confidence that Democrats had secured $150 billion for state and local governments, the person familiar with the call said.
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