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White House and Senate Reach Agreement on $2T Stimulus Bill

ANKARA – White House and Senate leaders reached a historic agreement after midnight Wednesday on $2 trillion economic relief program for coronavirus epidemic, ending weeks of a heated argument between Democrats and Republicans.
“Ladies and gentlemen, we’re done,” said White House director of legislative affairs Eric Ueland as he left the office of the majority leader in the Senate, Mitch McConnell, a Republican from Kentucky.
“We have an agreement”
The Leader of the Senate for Minorities, Chuck Schumer, D-N.Y., said the package would allow businesses to weather the pandemic and help American families.
The package includes the direct payment to Americans and a half-trillion-dollar fund for American companies, according to the Los Angeles Times.
Full details have yet to be released.
A total of 163 people died on Tuesday, bringing the death toll in the United States to 700, as WHO warned that the country could be the next epicenter of the coronavirus with more than 50,000 cases of infection.
The US economy plunged as the coronavirus pandemic spread within its borders, with the three stock indexes showing significant losses after historic highs earlier this year.
The losses were fueled, in large part, by efforts to limit travel and individual interactions with businesses to curb the virus also known as COVID-19.
(Sahar News Monitoring Desk)

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