Negotiations lag on $1 trillion stimulus for virus-hit US
Washington: US lawmakers urgently negotiating a $1 trillion emergency package to salvage an economy ravaged by the coronavirus missed a Republican-imposed deadline to reach an agreement by the end of Friday.
Senate Republicans were seeking a rapid deal in order to hold a final vote Monday on a bill aimed at allocating vast sums of federal dollars to American households as well as for industries that help form the backbone of a suddenly teetering economy.
But Democrats have been pushing for stronger worker protections and more substantial outlays for families devastated by the crisis, and the party’s top Democrat Chuck Schumer said the Republican package was “inadequate” for millions of Americans facing dire straits. - AFP