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Senate Moves Towards Vote on Coronavirus Stimulus Package

Source: WSJ:
March 25, 2020 at 21:46
WSJ’s Gerald F. Seib looks at four key differences between this bailout and the one of 2008 and 2009. Photo: Saul Loeb/Getty Images
WSJ’s Gerald F. Seib looks at four key differences between this bailout and the one of 2008 and 2009. Photo: Saul Loeb/Getty Images
Legislation to provide direct payments to many Americans, expand unemployment insurance, offer health-care providers additional resources

WASHINGTON—The Senate late Wednesday moved towards voting on an estimated $2 trillion stimulus package designed to shield the economy from the ravages of the new coronavirus pandemic, after the effort hit snags earlier in the day.

The Senate was expected to vote Wednesday night on the mammoth bill, though the procedure was delayed when rank-and-file members voiced objections while lawmakers were finalizing the bill’s full text.

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