U.S. Senate passes $2 trillion emergency relief bill to stabilize economy devastated by coronavirus pandemic

U.S. Senate passes $2 trillio

The U.S. Senate passed the $2 trillion emergency relief legislation in an attempt to stabilize the country’s economy destroyed by the ongoing novel coronavirus (COVID-19) pandemic. Late Wednesday night, the Senate unanimously (96-0) approved the “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act” after intense negotiations between senators and the White House. This is the third emergency funding legislation in response to the devastating crisis. He added that the “Senate stepped up” to help struggling Americans pay their bills, businesses to keep their operations and avoid lay-offs…

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