MOSCOW (Pakistan Point News / Sputnik - 25th March, 2020) The US Senate and the administration of President Donald Trump have reached an agreement on a $2 trillion stimulus package for assisting the economy amid the coronavirus outbreak, Eric Ueland, the White House's legislative affairs director, said on Wednesday.
"We are done. We have a deal," Ueland told reporters, as quoted by the Washington Post.
The deal is now expected to be passed quickly through both chambers of the Congress.
The $2 trillion package envisages a $500 billion fund for industries and cities, a $367 billion loan program for small businesses, $150 billion to be allocated to different stimulus funds and $130 billion for hospitals.
