Colorado Senators on stimulus package

US Senate passes 2 tln USD stimulus package to blunt COVID-19 fallout

READ: $2 Trillion Coronavirus Relief Bill

"We must sadly oppose the fast-tracking of this bill until this text is addressed, or the Department of Labor issue regulatory guidance that no American would earn more by not working than by working".

The bill was held up for nearly a week as senators disagreed over the length of expanded unemployment insurance, restrictions on pay for executives and a requirement that corporations that accept taxpayer assistance keep workers on payroll during the lockdowns.

The comprehensive aid package includes direct payments to Americans, an expansion of unemployment insurance and billions in aid to large and small businesses.

"We can not encourage people to make more money in unemployment than they do in employment", Scott said of the provision.

Sens. Tim Scott of South Carolina, Ben Sasse of Nebraska and Lindsey Graham of South Carolina made their demands on Wednesday.

"Very few people are going to turn down a $24/hour deal not to work than work for $15/hour", Graham said. "We have incentivized people not to go back to work".

The unemployment provision was among the things Senate Minority Leader Chuck Schumer (D-New York) celebrated as a victory for the Democrats. But there was wide support from the bill across both parties as well as from Treasury Secretary Steven Mnuchin and President Trump.

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Senate Passes $2 Trillion Coronavirus Relief Package