Republicans and White House continue hammering out stimulus package to fight coronavirus

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Republicans and White House continue hammering out stimulus package to fight coronavirus
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The Trump administration and congressional leaders are hammering out a third stimulus proposal to limit the economic fallout from the coronavirus pandemic.

Senate Republicans and Democrats outlined competing ideas Thursday for what looks likely to be a $1-trillion stimulus package to limit the financial fallout from the coronavirus pandemic.

Republicans have been working closely with Trump administration officials on a plan for federally backed loans for small businesses that continue paying their workers, and direct payments to most taxpayers. “We’d get this out in three weeks,” he said. “And then, six weeks later, if the president still has a national emergency, we’d deliver another $3,000.”

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