U.S. Senate leadership late on Monday unveiled a draft plan to provide $1 trillion in coronavirus relief funding ahead of negotiations with House leaders. As a package of separate bills, the plan gives Congress the option of passing parts of the agenda now, such as extensions of unemployment insurance or public health funding, and leaving the rest for later.
The majority caucus in the Senate had been divided on the overall cost of the plan and how to extend the supplemental unemployment benefits expiring this week. Congressional Democrats, backing their own $3.5 trillion HEROES Act passed in the House in May, have signaled that negotiations would begin once the GOP had united around their own plan.
Notably, the Senate plan does not include any additional funding for state and local governments, a top priority for House leadership and Senate Democrats. The House-passed HEROES Act included $500 […]