Washington D.C., Mar 23, 2020 / 13:00 pm
The Senate on Monday failed for the second straight day to advance consideration of a stimulus package to respond to the new coronavirus.
The senators failed to deliver the 60 votes necessary to proceed on a shell bill to consider the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the third major piece of legislation in response to the new coronavirus .
The bill would provide recovery checks to eligible taxpayers, defer student loan payments, and grant relief to small businesses.
However, some Democrats on Sunday reportedly opposed the package because it lacked guarantees that companies receiving relief would retain their employees, and lacked sufficient restrictions on the use of relief money for corporate stock buybacks.