U.S. Senator Schumer wants at least $750 bln to combat coronavirus, help economy
Tuesday, 17 March 2020 U.S. Senate Democratic leader Chuck Schumer will propose legislation totaling at least $750 billion to combat the coronavirus outbreak and help the economy, his office said in a statement on Monday. He will present the package as early as Tuesday, the statement said.
Senate Minority Leader Chuck Schumer called the Republicans' $1 trillion opening bid on an economic rescue plan "inadequate," saying it didn't do enough to address the public health crisis caused by the spreading coronavirus. Jillian Kitchener has more.
Wall Street suffered its biggest first-quarter plunge in history as worries the coronavirus pandemic could send the global economy into a deep dive took its toll. Conway G. Gittens has the Wall Street..