The 880-page legislation, called the "
The procedural move means most lawmakers can stay in their districts at a time when public health officials are urging as many people as possible to stay home. But it's also a risky maneuver given that the bill would fail to quickly make it to President Donald Trump's desk if a single member objects or requests a roll call vote.
The American Hospital Association, the American Medical Association, and the American Nurses Associationthat hospitals are losing $1 million a day from the pandemic, not just from screening and treating people who have the virus but also from purchasing additional supplies and forgoing revenue by delaying routine medical procedures.
Under the bill, drugmakers will need to report how much of their medicines they have in stock, must alert officials whenever they can't get an ingredient they need, and must craft a backup plan in case they should they run out of supplies. Medicines facing a shortage would get priority for review by the Food and Drug Administration.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill Ackman detailed a $2 billion bet he made on coronavirus recovery - Business InsiderAckman redeployed 'substantially all' of the proceeds from the hedges by adding to existing investments, he said in a letter to shareholders.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How government wants to spend $2 trillion coronavirus economic stimulus - Business InsiderNearly half of the bill's sum is allocated to emergency loans for small businesses, larger companies, and state and local governments. ChinaVirus
Source: BusinessInsider - 🏆 729. / 51 Read more »
Dow soars 600 points after $2 trillion coronavirus stimulus deal reached | Markets InsiderUS stocks climbed on Wednesday after the White House and the Senate reached an agreement overnight on a $2 trillion relief package. The bill inc... How long can this sustain the economies?
Source: BusinessInsider - 🏆 729. / 51 Read more »
'A real step forward': Stocks climb after lawmakers agree $2 trillion coronavirus stimulus | Markets InsiderStocks climbed on Wednesday after US lawmakers agreed on a $2 trillion stimulus bill to buttress the US economy against the novel coronavirus. T... It took couple of trillions for millions clusterstock What’s wrong with this picture?
Source: BusinessInsider - 🏆 729. / 51 Read more »
What The $2 Trillion Coronavirus Relief Bill Means For The Entertainment IndustryThe text of the massive, $2 trillion coronavirus relief package reached early on Wednesday on Capitol Hill has yet to be released, but it is expected that the package will address a major concern o…
Source: DEADLINE - 🏆 109. / 63 Read more »
Senate Reaches Historic Deal On $2 Trillion Coronavirus Economic Rescue PackageSenate leaders have struck a deal to inject the U.S. economy with about $2 trillion. The plan includes direct payments to Americans, expansion of unemployment insurance, billions in aid to businesses and funding for the health care industry. How much do they put in their pockets? I thought this virus was contagious. Well that's good. Doesn't the occupants still have to sign it? Will he be handing out German fester'd pencils so that everybody can catch the Corona virus?
Source: NPR - 🏆 96. / 63 Read more »