Stay in the Loop

We are thrilled to extend a warm welcome to you as a valuable member of our vibrant crypto community! Whether you're an experienced trader, a crypto enthusiast, or someone who's just getting started on their digital currency journey, we're excited to have you onboard.

Read & Get Inspired

We're delighted to have you here and embark on this exciting journey into the world of Wikibusiness. Whether you're a newcomer or a seasoned explorer in this realm, we're dedicated to making your experience extraordinary. Our website is your gateway to a treasure trove of knowledge, resources, and opportunities.

PrimeHomeDeco

At PrimeHomeDeco, we believe that your home should be a reflection of your style and personality. Our upcoming website is dedicated to bringing you a curated selection of exquisite home decor that will transform your living spaces into elegant sanctuaries. Whether you're looking to revamp your living room, add a touch of sophistication to your bedroom, or create a cozy and inviting ambiance in your dining area, we have just the right pieces for you.

Senate passes emergency coronavirus package with paid sick leave, sending it Trumps desk

coronavirus closure signAP Photo/Ted S. Warren

  • The Senate on Wednesday passed emergency measures to cushion the financial pain caused by the coronavirus pandemic.
  • The COVID-19 outbreak has triggered closures across the economy and encouraged Americans to hunker down at home.
  • The fast-tracked bill also expands paid sick leave for some workers, though the number of those who would be covered has been significantly reduced.
  • Visit Business Insider’s homepage for more stories.

The Senate on Wednesday passed emergency measures to cushion the financial pain caused by the coronavirus pandemic, which has triggered closures across the economy and encouraged Americans to hunker down at home.

Through increases for programs like unemployment insurance and food stamps, the Families First Coronavirus Response Act would provide aid to those affected by the outbreak of COVID-19, the respiratory illness caused by the virus, and the efforts to contain it.

The fast-tracked bill also expands paid sick leave for some workers, though the number of those who would be covered has been significantly reduced since the Democratic-controlled House passed it early Saturday.

The stimulus package passed 90-8 in the Senate. President Donald Trump is expected to sign the bill into law this week.

While the package includes tax credits to offset the costs of paid sick leave, some Republicans argued that it would place unnecessary burdens on businesses. But on Tuesday, Senate Majority Leader Mitch McConnell urged Republicans to “gag and vote for it anyway,” saying that any perceived shortcomings could be addressed in a third stimulus package that lawmakers have started.

Read more: Dan Rasmussen studied every financial crisis back to 1970. He shares exactly where his data says to put your money as markets plunge — and explains why ‘now is a very good buying opportunity’

“At every level, the coronavirus outbreak is testing our nation and our institutions,” McConnell said. “We cannot afford partisan politics as usual.”

The White House has separately pressed for an additional $1 trillion to prop up the economy, which could be combined with the third round of stimulus legislation that Capitol Hill started to negotiate at the beginning of the week.

Those are expected to include broader measures ranging from small-business assistance to emergency lump-sum payments to Americans. An increasing number of bipartisan lawmakers have said the government should send checks directly to individuals during the pandemic, a proposal Trump has expressed strong support for.

“This is a time to put tribalism aside and acknowledge that this recession, if we allow it, will do real harm to Americans up and down the income scale,” Senate Minority Leader Chuck Schumer said. “And it will hurt Americans of all ages.”

Read more: BANK OF AMERICA: Buy these 20 cash-rich stocks that pay fat dividends and provide the best long-term protection against market crashes

Related articles

Multilingual Magic for Kids. VSL Magic!

Product Name: Multilingual Magic for Kids. VSL Magic! Click here to get Multilingual Magic for Kids. VSL Magic! at discounted price while it's still available... All orders are protected by SSL encryption – the highest industry...

2Pac 2026 Remix: Unavoidable (The Reckoning) Delivers Cinematic Hip-Hop Energy

2Pac – Unavoidable (The Reckoning) (2026) A Modern Remix That Revives a Legendary Voice In 2026, the legacy of Tupac Shakur continues to resonate through creative reinterpretations, and Unavoidable (The Reckoning) by Junior DJ Remix stands...

Dugi World of Warcraft Guides

Product Name: Dugi World of Warcraft Guides Click here to get Dugi World of Warcraft Guides at discounted price while it's still available... All orders are protected by SSL encryption – the highest industry standard for...

Super Affiliate Marketing Mastery

Product Name: Super Affiliate Marketing Mastery Click here to get Super Affiliate Marketing Mastery at discounted price while it's still available... All orders are protected by SSL encryption – the highest industry standard for online security...

One of the Largest Tattoo Design Collections and Resources Online!

Product Name: One of the Largest Tattoo Design Collections and Resources Online! Click here to get One of the Largest Tattoo Design Collections and Resources Online! at discounted price while it's still available... All orders are...
[mwai_chat model="gpt-4"]