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The next round of coronavirus aid will be narrowly focused and will not extend federal unemployment assistance, the Senate majority leader says.
Both Republicans and Democrats agreed that a small business program that ran out of money needed a major infusion. Negotiators also added resources for hospitals and testing.
Congress isn’t known for passing broad legislation quickly. Its response to the 2008 economic crisis has parallels with the coronavirus — and this period could also mean political blowback for some.
This time frame is longer than the estimate that Treasury Secretary Mnuchin gave when he negotiated the program for cash payments with congressional leaders.
The Senate is hoping for a vote on Monday, but congressional leaders said on Sunday they have yet to reach agreement on what would be the largest bill yet in response to the outbreak.
Congressional leaders are prepared to vote Thursday on a $333 billion bipartisan spending package to avoid the threat of a partial government shutdown.
Trump has only a few more days to advance any spending agreement with the help of full GOP control in Washington. But a leading House Republican said no votes in that chamber are expected this week.
Two key GOP holdouts came on board after getting concessions they say will help small businesses. That creates a path to pass the bill over concerns that it could add over $1 trillion to the deficit.