Congress and White House resume talks on $1tn pandemic rescue deal

by Evelyn Reynolds 21 March 2020, 20:27 179 Views

Officials say the economic package could pump $2tn into the US economy which would provide paychecks and funds to hospitals

Negotiators from Congress and the White House resumed top-level talks Saturday on a ballooning $1tn-plus economic rescue package, urged by Donald Trump to strike a deal to steady a nation thoroughly upended by the coronavirus pandemic.

It was an extraordinary moment in Washington: Congress undertaking the most ambitious federal effort yet to shore up households and the US economy and a president angry and lashing out at all comers. All while the global outbreak and the nationwide shutdown grip an anxious, isolated population bracing for a healthcare crisis and looming recession.

Source: US Politics - theguardian.com

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Congress and White House resume talks on $1tn pandemic rescue deal

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