U.S. Senate passes $2trillion stimulus bill, help on the way for Americans

TRACKING____$2trillion stimulus bill passed by U.S. Senate. Above majority leader Mitch McConnell

By Abankula(with wire reports)

Help is on the way for coronavirus-stricken American people and businesses after the US Senate unanimously passed the nation’s largest-ever $2 trillion rescue package late Wednesday.

The lifeline offers some succour to suffering Americans, critically depleted hospitals and an economy all ravaged by a rapidly spreading coronavirus crisis.

It cleared the Senate 96-0 after days of tumultuous, sometimes bitter negotiations and debate, as the US death toll for the pandemic soared past 1,000, with 68,000 confirmed infections.

Outbreaks have grown nationwide.

But New York presents particular fear it could be the next epicentre of the coronavirus pandemic.

“Let us tell them tonight that help is on the way, that they are not truly alone, that this country, that this Senate, that this government is here for them in a time of dire need,” top Senate Democrat Chuck Schumer said moments before the vote.

“Let us marshal this government into action.”

Senate Minority leader Schumer: $2trillion bill should signal to Americans that the Senate and government care

The measure now heads to the House of Representatives, where a Democratic leader said he expected it to pass by voice vote Friday before it goes to President Donald Trump for his signature.

The monster package, thrashed out between Republicans, Democrats and the White House, provides direct cash payments to millions of hurting American taxpayers, amounting to $3,400 for an average American family of four.

It provides some $500 billion in grants and loans to small businesses and core industries, including as much as $50 billion for strained airlines and their employees.

It also provides $100 billion of desperately needed resources for hospitals and other health facilities in dire need of medical equipment, and dramatically expands unemployment benefits to help workers sickened by coronavirus or laid off during the crisis.

The United States has the third-highest number of infections globally behind China and Italy. About half are in New York state.

“We still have the trajectory going up,” said New York Governor Andrew Cuomo, adding that about 12 percent of the people who test positive require hospitalisation.

Cuomo said health officials anticipate about 120,000 coronavirus patients coming into New York’s hospitals, which have a capacity of 50,000 beds.

The state has around 30,000 confirmed cases, he added, with 285 deaths.

But the governor pointed to evidence suggesting New York’s strict stay-at-home orders and social distancing measures have slowed the hospitalisation rate.

“The arrows are headed in the right direction,” Cuomo told reporters.

The intensity of the crisis caught the Trump administration by surprise, and by Wednesday Trump and his top lieutenants were demanding the Senate quicken the pace and pass the legislation.

“We need to get this money into the American economy and (to) American workers,” Treasury Secretary Steven Mnuchin said.

Over half the US population is now under some form of lockdown as authorities nationwide seek to stem the outbreaks.

Birmingham, Alabama and Charlotte, North Carolina are the latest major US cities to order residents stay indoors.