SENATE UNVEILS “PHASE THREE” RELIEF PACKAGE
Senate Majority Leader Mitch McConnell has unveiled a new proposal to deliver some much needed relief to the American people amid the coronavirus pandemic. On Thursday, McConnell went into detail about the ‘Phase Three’ relief measures being drafted in Congress.
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The bill will include four key points: small business loans, checks for struggling families, lending to big industries and additional resources to hospitals.
According to McConnell, Republican senators and the White House are actively working to hash out a deal, which will be taken up for a vote as soon as possible.
“Senate Republicans want to put cash in the hands of the American people. Chairman Grassley and a number of our colleagues are finalizing a structure that will get assistance to individuals and families as rapidly as possible. No tangled Washington process with a thousand cooks in the kitchen, no piles of forms for laid off workers or busy families to fill out. Money for people, from the middle class on down, period.”
– Mitch McConnell, U.S. Senator (R-Ky.)
(Excerpt from OAN.)
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