Senate Republicans unveil $1 trillion economic stimulus package to address coronavirus fallout

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JUST IN: Senate Republicans have unveiled a draft of a $1 trillion emergency relief bill that includes direct payments to Americans under a certain income level and other economic stimulus plans

It's a move that sets the stage for negotiations to begin in earnest between Republicans and Democrats in an effort to reach a bipartisan deal to help an economy hit hard by the rapid spread of coronavirus.Senate Majority Leader Mitch McConnell called the plan"a bold legislative proposal," in remarks on the Senate floor, saying that he was"officially introducing the Coronavirus Aid, Relief and Economic Security Act.

Read MoreThe proposal, a draft of which was obtained by CNN, underscores the scale of the economic crisis now facing individuals and businesses across the country amid the accelerating pandemic and addresses bolstering health care resources, student loans and aid, business tax provisions and temporary authority.Americans eager for emergency relief will be forced to wait on CongressThe proposal, however, is just an opening bid as the Senate attempts to address the coronavirus outbreak.

 

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Approximately 91% of Americans make less than 200k annually. Digest that for a moment.. than ask yourself why people keep voting for establishment candidates who support the wealthiest 1% of Americans. Bernie2020

People say that people on disability or SSI shouldn't get anything. We live on a set income each month and usually buy the cheapest groceries and other products we need to get through till next month. When those items are hoarded,we get whatever is left at a lot higher costs

I thought the cut off would be at millionaires? People making 100k in NYC and CA are like middle class

Go bigger on checks - $3,000 / if either side blocks this we will see another ( bigger) Coxey’s Army

OMG the Republicans are working! WTH!!!? ❤️

'a certain income level'... Wake me up when you have actual news

How are you going to pay for it!!!!!!?

Admirable care for the country , Trump and the government loves America and Americans love each other 👍🏽👍🏽👍🏽❤️❤️❤️

This would probably be pointless. At this point; the only certain thing that would save America would be an all out coup d'état.

We also need to halt negative credit reporting during these difficult times or people will never be able to recover from the economic hit.

This approach will not keep businesses in tact and unemployment will sore. The approach many European countries are taking makes much more sense. They are reimbursing up to 80% of the wages to employees in return for not laying everyone off and attempting to stay in business.

Anyone that filed their taxes should get it. That’s it - simple.

The working poor get crumbs

If MoscowMitch was involved you know it’s another payout to the 1%

KanePimpdaddy

senatemajldr SenateGOP — McConnell - you are the MOST EVIL, IGNORANCE, SELFISH, GREEDY B******D!!! Just you wait til you get to Heaven and God will show you what you’ve done and He will say - SHAME ON YOU!!!

About time idiots! Feeding the stock market instead of saving lives! As much as I am hurting from stocks, lives matter more!

Airlines companies shouldn’t get shit in loans they are not refunding money to majority of their customers so they are not loosing any money !

My husband retired on Dec 28th. Do they go by last year's income tax? We are living on his severance pay.

I make under 10k a year and am in the service industry which can't work from home right now... let me cry for those of you that make 6-10 times as much that are whining while still pulling a paycheck.... 🙄

Had a daughter born last Monday, 3/9. Would she count or is it all based on last years tax returns

So those who make greater than $99k are not affected by this unfortunate event? 🤔

Will Sen Burr be paying for it with the money he made from insider trading?

Of course because I work and play by the rules I make enough to live paycheck to paycheck. Yet too much to qualify here. Horseshit as usual. Every tax payer should get an equal share.

They just keep printing money

Many seniors have children still living at home that can’t find jobs! I work but need help buying food

So for most people who file jointly and have two jobs, they’re up a creek without a paddle.

And at $1,200 per USC (who're to be eliminated based on immigration status of the household members), they have dropped in a corporate tax cut! As the little man keeps bearing the burden of the USA, Wall Street is just sucking its blood out like a vampire!

Vote no. I know some need more then others but we will all have to pay back so need to raise the need level.

is it true that SpeakerPelosi and the House bailed on helping the People in this crisis?

GOP gotta publish the income threshold ASAP.

BuT tHaTs SoCiaLiSm!

When it’s the Left, it’s Socialism. When it’s the Right, it’s a Stimulus. 🤦‍♂️

By the time this StimulusPackage2020 gets finalized, there will already be people so far behind they can’t catch up and people looting. This is ridiculous! If this had been dealt with properly when realDonaldTrump & SenatorBurr knew about it we wouldn’t be in this mess!

WHAT IS THE INCOME LEVEL NO ONE SEEMS TO KNOW, OR ISIT A SECRET

Waste of money!. Government now should just force employers to keep people on the payrolls and help them pay for it

Whats going on with food assistance ?

Giving people $1200 dollars when they still employment, is this wasn't an election year, they wouldn't of done this. giving airlines a bail out is also a mistake, AA, Delta and the others bought back billions in stock, they don't need a hand out.

AGAIN, THIS IS JUST A DISTRACTION FOR THE TRUMP AND THE GOP TO GIVE MORE OF THE TAXPAYER'S MONEY TO CORPORATE COMPANIES, WEALTHY DONORS, FAMILY MEMBERS, TRUMP BUSINESS, GOP FAT CATS, ETC, ETC... IN THE END THE TAXPAYERS & SMALL BUSINESS OWNERS GET LITTLE OR NOTHING FROM THE DEAL

What about Social Security?

This is the annual flu season being exploited. 8,000 have died this year. 40,000 died last year. Rape the treasury a buy more votes?

Great news

What’s the “certain” amount

He looks like a muppet lol 😂 jimhenson et face looking ya phone home face looking....

I knew it. restrictions Where is the info about WHO will phys be recving the $ & when? Middle to Upper class ONLY?! McConnell STOP keeping IMPORTANT DETAILS a friggin secret! YOU HAVE TO BE BLUNT & UPFRONT w/the PUBLIC! There is 0 Tolerance for games! Are loans INTEREST FREE?!

Vote NO!

Is this another Corporate Tax Cut

What’s the income threshold?!

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