Schumer says it’s unknown if stimulus deal is enough to offset the economic damage of coronavirus

By Veronica Stracqualursi, CNN

Updated 8:52 AM ET, Wed March 25, 2020

Washington (CNN)Senate Minority Leader Chuck Schumer said Wednesday he does not know if the $2 trillion stimulus deal reached early Wednesday, the largest emergency aid deal in history, will be enough to offset the economic damage of coronavirus given the uncertainty surrounding the pandemic.

“We don’t know how long it’s going to last, who’s affected. We still don’t exactly know, ” Schumer told CNN’s John Berman on “New Day.”

“We should be willing, able to come back in a bipartisan way and do more if we need. I believe we’ll probably have to do that one way or another,” the New York Democrat said.

After days of intense discussions, the White House and Senate leaders struck a historic deal to respond to the intensifying coronavirus pandemic, which is grinding much of the US economy to a halt. Both Schumer and Senate Majority Leader Mitch McConnell said the Senate will move to pass the stimulus bill later Wednesday.

This story is breaking and will be updated.

CNN’s Manu Raju, Ted Barrett, Clare Foran and Kristin Wilson contributed to this report.

Polar Party

Article URL : https://www.cnn.com/2020/03/25/politics/chuck-schumer-coronavirus-senate-stimulus-bill-cnntv/index.html