Pelosi, Trump strike deal on coronavirus response package
By Scott Wong and Mike Lillis - 03/13/20 06:11 PM EDT
Speaker Nancy Pelosi (D-Calif.) and President Trump struck a deal Friday evening on a multibillion-dollar stimulus package aimed at assisting millions of Americans directly hurt by the coronavirus outbreak.
The deal arrived after days of roller-coaster negotiations that put the outcome in doubt as the nation’s leaders raced to ease public anxiety and stabilize volatile markets. Just hours before the deal was announced, Trump suggested in a Rose Garden address that he wasn’t on board, raising doubts that the two sides could come together.
The deadly pandemic has roiled the stock market, upended small businesses and large industries alike, and canceled major sporting and political events around the country. Millions of Americans could lose income — or their jobs entirely — due to mass public closures, work-from-home orders and the economic downturn sure to follow.
“We are proud to have reached an agreement with the Administration to resolve outstanding challenges, and now will soon pass the Families First Coronavirus Response Act,†Pelosi wrote in a letter to her Democratic colleagues.
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https://thehill.com/homenews/house/487402-pelosi-trump-strike-deal-on-coronavirus-response-package
