Coronavirus: Senate leaders announce agreement on relief package

Credit: Mark Wilson/Getty Images

Credit: Mark Wilson/Getty Images

Senate leaders have announced the completion of a bipartisan coronavirus relief package, to be voted on later today.

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The exact details of the legislation are vague. However, at 2:40 a.m. Senate Minority Leader Chuck Schumer tweeted a five-minute clip of a speech, in which he outlines some aspects of the agreed-upon deal.

He said the package includes over $130 billion for medical services, money for “unemployment compensation on steroids”, oversight for loans given to corporations, $150 billion for state and local governments for resources, and loans for small businesses.

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Senate Majority Leader Mitch McConnell’s comments, tweeted at 1:51 a.m., were much briefer.

He announced that after days of discussions the Senate has reached an agreement, and promising “We’re going to pass this legislation later today.”

The Senate is scheduled to reconvene at noon today to consider the bill.

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