BREAKING: Senate unanimously approves bipartisan deal that will pump another $310 billion into the Paycheck Protection Program. The overall deal to which lawmakers and the White House agreed tops $484 billion.
Senate Minority Leader Chuck Schumer says a deal has been reached with the White House on small business funding that includes a national testing plan.
House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer released their own statement claiming victory over Republicans in getting the $484 billion deal cobbled together. Trump signaled his approval of the deal on Twitter, saying,"I urge the Senate and House to pass the Paycheck Protection Program and Health Care Enhancement Act with additional funding for PPP, Hospitals, and Testing."
Republicans successfully blocked Democratic requests for state and local aid in this package, as well as a 15% increase in the size of food stamp checks. "You need a significant federal involvement. You need a national strategy, and Mnuchin and the President and Meadows agreed to that, to their credit,” Sen. Schumer said, referring to Treasury Secretary Steve Mnuchin and White House Chief of Staff Mark Meadows.
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