Deal on $2 trillion coronavirus stimulus package reached between the Senate and White House

AP Photo/J. Scott Applewhite

• Senate leaders and the White House reached a deal on a roughly $2 trillion economic stimulus as the coronavirus threatens near-term recession.
• The compromise on the stimulus package was announced just before 1 a.m. ET, but the full text of the deal with specifics is not expected to be circulated until later in the morning.
• In a speech on the floor following the deal, Senate Majority Leader Mitch McConnell said the bill would inject trillions into the economy and would include checks for Americans, calling it a "wartime level of investment."
• "We have a bipartisan agreement on the largest rescue package in American history," Senate Minority Leader Chuck Schumer said.
• The Senate will reconvene at 12 p.m. ET on Wednesday.
• Visit Business Insider's homepage for more stories.

Senate leaders and the White House reached a deal on a roughly $2 trillion economic stimulus as the coronavirus threatens near-term recession.

The compromise on the stimulus package was announced just before 1 a.m. ET, but the full text of the deal with specifics is not expected to be circulated until later in the morning.

See the rest of the story at Business Insider

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