Senate Democrats Sunday blocked a critical economic relief package worth more than $2 trillion, stalling plans to pass the bill by Monday and send it to the House.
Lawmakers and the Trump administration hoped to send a positive message to unstable stock markets and to those worried about the damage to the economy and the job losses caused by the spread of the virus.
The measure includes sending direct cash payments that would average about $3,000 per family and expanding unemployment insurance, as well as $350 billion in aid to struggling small businesses. It also provides $500 billion in loans to industries hurt by the economic slowdown.
But Democrats are holding out for big changes to the bill, which they argue creates a “slush fund” for big industries and lacks sufficient protections for workers. They voted against a procedural step to start debate on the bill, which Senate Majority Leader Mitch McConnell hoped to pass by Monday.