Chuck Schumer Calls For At Least $750 Billion To Help Economy And Fight Coronavirus
Huff PostLOADING ERROR LOADING WASHINGTON ― Senate Minority Leader Chuck Schumer announced that Democrats are preparing a relief bill totaling at least $750 billion in response to the growing coronavirus outbreak that is battering the nation. Schumer said the bill would “ensure our medical professionals have all the resources – including physical space and equipment – they need to provide treatment and keep Americans safe, among other people-focused initiatives.” The proposal represents the opening bid from Democrats for a larger federal response to the crisis. Sen. Rick Scott, for example, said the way the bill would reimburse businesses for the cost of sick leave ― via tax credits issued by the government ― “could take too long to get to small businesses that are struggling now to keep their doors open.” Other Republicans floated more urgent and direct ways to get money into the hands of people suffering from the economic effects of the virus. Sen. Tom Cotton also endorsed giving Americans “cash stipends.” However, he warned the House bill didn’t go far enough and suggested he wanted to see changes before he got on board.