Congressional Democrats are seeking changes to a major economic relief package scheduled for a 3 p.m. procedural vote in the Senate.
A Senate aide familiar with the text of the GOP-drafted bill said Democrats made several changes to the legislation ahead of the vote. The bill, so far, provides major economic aid and health funding in response to the coronavirus. The deal includes direct cash payments to individuals, $350 billion in aid to small businesses, a $110 billion infusion for hospitals and medical facilities, $500 billion in loans to big industries, and an overall $4 trillion in available liquidity for the Treasury secretary to loan money to businesses to help them survive the economic slowdown.
Democrats are not ready to agree to the deal, a person familiar with the text of the legislation told the Washington Examiner.
According to the aide, the bill does not have enough worker protections that would keep them from getting fired during the economic slowdown caused by the coronavirus outbreak. The bill includes hundreds of billions of dollars in grants and loans for businesses intended to keep them from closing and laying off workers.