More than $150 billion for the health care system, including funding for hospitals, research, treatment and the Strategic National Stockpile to raise supplies of ventilators, masks and other equipment. "We don't have time for delay; Iowans need this aid right now", she added.
House Speaker Nancy Pelosi acknowledged the House would not be able to pass the Senate bill by unanimous consent - a process she wanted to use to avoid calling members back to the Capitol as more lawmakers are self-quarantining due to exposure to the virus. "We are a country not based on nationalizing our business", said Trump, who has repeatedly railed against socialism overseas and among Democrats.
Senate Democrats earlier this week stopped the GOP's efforts to advance an earlier version of the stimulus bill in an effort to extract concessions from the White House and Senate Republicans, who Democrats accused of attempting to force through a corporate "slush fund" with little regard for workers.
The bill's passage came as Trump grew impatient with his administration's decision to impose strict restrictions on all aspects of American public life as a way to stop the spread of the virus, a move recommended by USA health officials that has brought the economy grinding close to a halt.
In addition, the bill would provide a major amount of funding for hard-hit hospitals - $130 billion - as well as $150 billion for state and local governments that are cash-strapped due to their response to coronavirus.
The intensity of the crisis caught the Trump administration by surprise, and by Wednesday President Trump and his top lieutenants were demanding the Senate quicken the pace and pass the legislation.
"Our expectation is this bill passes tonight and gets to the House tomorrow", Mnuchin said. NY has reported by far the highest number of coronavirus cases in the United States with more than 30,000 as of Wednesday.
McConnell and Schumer negotiated the deal with Treasury Secretary Steven Mnuchin and other White House officials after days of bitter partisan fighting over what to put into the final package.
"At last we have a deal", Senate Majority Leader Mitch McConnell said early Wednesday on the chamber's floor. Furloughed workers would get whatever amount a state usually provides for unemployment, plus a $600 per week add-on, with gig workers like Uber drivers covered for the first time.
Republicans won inclusion of an "employee retention" tax credit that's estimated to provide $50 billion to companies that retain employees on payroll and cover 50 per cent of workers' paycheque up to $10,000.
A birthday party is believed to have spurred a super-spreading event as there were attendees who went back home to NY, the hardest-hit state in the U.S. Workers building a makeshift morgue outside of Bellevue Hospital in NY.
Those companies will also have to limit executive bonuses.
The plan includes about $500 billion that can be used to back loans and assistance to companies, including $50 billion for loans to US airlines, as well as state and local governments.
The package will also include a lot of transparency for these loans and bailouts. It will pump trillions into an economy devastated by the coronavirus. "And these guys are just staying up nights worrying about low-income workers getting a few bucks more".