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‘A Stunning Amount Of Money’: Senate Passes Additional Relief Fund
The U.S. Senate on Tuesday unanimously passed legislation providing $484 billion in additional federal aid to help small businesses hurt by the coronavirus pandemic.
We reached a final agreement earlier today. Now there are plenty of disagreements between our parties these days. But once again, we are coming together to pass this legislation by unanimous consent, not a single senator objecting. We negotiated a bill that not only provided support, but made it more effective, more inclusive and addressed other urgent national priorities as well. The legislation before us contains $220 billion more, including funding for small businesses through community financial institutions. New funding for our hospitals and health care system. And a substantial down payment on a national testing regime so desperately needed. My view was that we needed obviously to work together on a bipartisan basis as close as we could to try to develop a rescue package that would make sense for the country. We did that with a $2.2 trillion bill. I would remind everybody there had been two additional coronavirus pandemic related bills before that. And we’ve allocated a stunning amount of money.
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