Democrats block advancement of critical economic relief package

Senate Democrats Sunday blocked a critical economic relief package worth more than $2 trillion, stalling plans to pass the bill by Monday and send it to the House.

Lawmakers and the Trump administration hoped to send a positive message to unstable stock markets and to those worried about the damage to the economy and job losses caused by the spread of the virus.

The measure includes sending direct cash payments that would average about $3,000 per family and expanding unemployment insurance, as well as $350 billion in aid to struggling small businesses. It also provides $500 billion in loans to industries hurt by the economic slowdown.

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Article URL : https://www.washingtonexaminer.com/news/congress/democrats-block-advancement-of-critical-economic-relief-package