Senate Republicans expected to release third coronavirus relief package Thursday
Senate Majority Leader Mitch McConnell (R-KY) talks to reporters after the Senate voted to acquit U.S. President Trump of both charges in his Senate impeachment trial in Washington, February 5, 2020.
Jonathan Ernst | Reuters
Senate Republicans are expected to unveil their proposal for a third coronavirus relief package Thursday afternoon as Washington moves swiftly to head off economic disaster, NBC News reported.
Earlier, Senate Majority Leader Mitch McConnell said his caucus was close to releasing a plan. Lawmakers are expected to inject well above $1 trillion into the economy.
“[Republican Sen. Chuck Grassley] and a number of our colleagues are finalizing a structure that would get assistance to individuals and families rapidly as possible,” he said. “Senate Republicans want to put cash in the hands of the American people.”
The Senate has been under immense pressure to get a deal done with the House and Trump …continued .
[Source: CNBC News]