McConnell: Republican coronavirus package to address health, economic aid, schools

Published 07/27/2020, 04:36 PM
Updated 07/27/2020, 04:40 PM
© Reuters. U.S. Senate Majority Leader McConnell attends meeting to discuss coronavirus aid legislation at the White House in Washington

WASHINGTON (Reuters) - U.s. Senate Majority Leader Mitch McConnell said on Monday Senate Republicans will shortly introduce a new coronavirus relief program to address health, economic assistance and schools.

Speaking on the Senate floor, McConnell said the package would include direct payments to Americans of $1200 each, and help for the unemployed.

© Reuters. U.S. Senate Majority Leader McConnell attends meeting to discuss coronavirus aid legislation at the White House in Washington

It would also include 'strong legal liability protection,' over $100 billion for schools, more money for a small business program, and a program to incentivize manufacturing of personal protective equipment in the United States.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.