Washington D.C., Mar 25, 2020 / 08:30 am
The Senate reached a bipartisan agreement early Wednesday morning on a rescue package for the U.S. economy as part of the government response to the coronavirus pandemic.
Minority Leader Chuck Schumer (D-N.Y.) called the $2 trillion "the largest rescue package in American history," while Majority Leader Mitch McConnell (R-Ky.) said it was a "historic relief package for this pandemic."
Funding for Planned Parenthood and abortion providers was a sticking point in the negotiations on Tuesday, according to Bloomberg. McConnell and Republicans had inserted a provision stating that non-profits already receiving federal funding-such as Planned Parenthood's Medicaid reimbursements-would be ineligible for Small Business Administration (SBA) loans.
The final text of the legislation had not yet been published on Wednesday morning.