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Largest bailout in history: Trump, Congress agree on $2 trillion coronavirus rescue bill

"At last, we have a deal," Senate Majority Leader Mitch McConnell said, hailing the massive "wartime level of investment into our nation" reached after five days of arduous and tense negotiations

March 26, 2020 / 10:37 PM IST


The Senate and White House have reached agreement on a $2 trillion stimulus package for the US economy and millions of Americans ravaged by the coronavirus crisis, top lawmakers said early on March 25.

"At last, we have a deal," Senate Majority Leader Mitch McConnell said, hailing the massive "wartime level of investment into our nation" reached after five days of arduous and tense negotiations.

"We have a bipartisan agreement on the largest rescue package in American history," top Senate Democrat Chuck Schumer said shortly after McConnell spoke.

"So many people are being put out of work through no fault of their own. They don't know what their future is going to be like, how are they going to pay the bills," Schumer added.