Published: Wed, March 25, 2020
Global News | By Blake Casey

Coronavirus Stimulus to Include Marshall Plan For Hospitals, More Oversight

Coronavirus Stimulus to Include Marshall Plan For Hospitals, More Oversight

"We expect to have an agreement tomorrow morning", he said.

Asked whether the United States could become the new epicentre, Harris said: "We are now seeing a very large acceleration in cases in the U.S. So it does have that potential".

Schumer said the compromise is nearly certain to include a guarantee the federal government will pay the salaries of worked sacked or sickened due to the pandemic for four months.

Those apparently include unemployment insurance and an increase in funding for hospitals. "The president wants us to get this done today", Mnuchin said.

Negotiators labored in the shadow of what McConnell called "the most serous threat to Americans' health in over a century and quite likely the greatest risk to America's jobs and prosperity that we've seen since the Great Depression".

"We think the bill has moved sufficiently to the side of workers", Pelosi said.

"I think we are getting to a good place if they stay there - the problem is it moves", she said of the legislation's changes. "Both parties and both chambers must put politics aside and put working families - lives and livelihoods - first".

Together with a desire to leave the Capitol, the fast spread of the virus across the country and the shuttering of much of the USA economy has added urgency for lawmakers to reach a deal on the third piece of legislation responding to the outbreak.

Pointing to a stack of papers on his desk, Sasse said "I spent a good part of the afternoon reading these 1,119 pages".

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"I give it two weeks", Trump said, suggesting he was ready to phase out his 15-day self-isolating guidelines once they expire.

Tuesday's optimism was in sharp contrast to Monday's back-and-forth in the Senate.

House Speaker Nancy Pelosi soon unveiled her own proposal, worth $2.5 trillion, which was dubbed by Republicans as a "socialist wish list" and an attempt to exploit the pandemic to push forward unrelated points on the Democratic agenda, such as union giveaways and expanded environmental protection measures.

McConnell had blamed Democrats on Monday for delaying progress on the bill even as Democrats continued to negotiate with White House officials.

Pelosi said Republicans had agreed to for an inspector general and a congressional panel of five people to oversee the aid given to businesses out of the Treasury's $500 billion loan programme for distressed industries.

"The American people have had enough of this nonsense".

The bill also contains provisions to eliminate debt held by the U.S. Postal Service, require same-day voter registration, pay off $10,000 in student debt per person, and force federal agencies to explain to Congress how they are increasing their usage of "minority banks". Chuck Schumer, said agreement appeared close on the almost $2 trillion package.

"We need to explain where we are to Senate Republicans, walk through language and make sure they're comfortable - anytime where there are a few outstanding issues where we are not quite done", Ueland said.

However, Treasury Secretary Steven Mnuchin, who has been negotiating the package, expressed optimism after talks on Capitol late Monday that it "could be closed out tomorrow".

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