Senate Passes Record Stimulus Bill, House to Vote on Friday
Late yesterday, the Senate approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act by a 96-0 vote. The massive $2 trillion package addresses four urgent priorities in the COVID-19 response: financial help for individuals, rapid relief for small businesses and their employees, stabilization of the U.S. economy, and jobs protection.
The bipartisan legislation now moves to the House of Representatives for a vote this Friday. House Speaker Nancy Pelosi, D-Calif., vowed the bill would pass with broad support, and President Trump indicated he would sign it into law immediately.
Here’s a summary of the Senate-passed legislation from the office of Majority Leader Mitch McConnell, R-Ky. Check back here for additional details after the Friday vote.