Senate Minority Leader Chuck Schumer says a deal appears to be at hand Tuesday on a nearly $2 trillion measure aimed at easing the economic damage inflicted by the coronavirus pandemic.
“I don’t see any issue that can’t be overcome within the next few hours,” Schumer said. “Last night I thought we were on the five-yard line. Now we’re on the two.”
Schumer said a key provision in the emerging package would provide for four months of salary for workers furloughed because of the pandemic. “The federal government will pay your salary, your full salary,” he said, outlining aid that still is not final or approved by the full Senate. “For now, four months. We (Democrats) had asked for four months and four months looks like what we’re going to get when we come to this agreement.”
Treasury Secretary Steven Mnuchin and congressional leaders engaged in final negotiations after a tumultuous but productive day on Monday. While the two sides have resolved many issues in the sweeping package, some sticking points remained. A Senate vote could come later in the day.
For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. The vast majority of people recover from the new virus. According to the World Health Organization, people with mild illness recover in about two weeks, while those with more severe illness may take three to six weeks to recover.
Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
QUICKTAKE ON SOCIAL:
Follow QuickTake on Twitter: twitter.com/quicktake
Like QuickTake on Facebook: facebook.com/quicktake
Follow QuickTake on Instagram: instagram.com/quicktake
Subscribe to our newsletter: https://bit.ly/2FJ0oQZ
Email us at quicktakenews@gmail.com
QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.
