US economic rescue plan blocked again in Senate, talks continue

US economic rescue plan blocked again in Senate, talks continueDemocrats on Monday again blocked a nearly $2 trillion rescue package for the teetering US economy, highlighting a bitter partisan battle over how to best protect struggling Americans and crippled businesses from the ravages of coronavirus. With the deadly pandemic spreading rapidly and forcing entire states including New York and California into lockdown, Capitol Hill was under immense pressure to pass legislation that injects a historic amount of federal funding to prevent a devastating economic collapse. Democrats balked, arguing the current Republican-led legislation prioritizes big corporations over protecting workers.




from Yahoo News - Latest News & Headlines https://ift.tt/39fiUL0

Comments