A massive $2 trillion coronavirus economic relief package was passed by the U.S. Senate late on Wednesday in a unanimous bipartisan vote minutes before Wednesday after days of intensive deliberations, and it will now be sent to the House of Representatives for approval.
The development comes as the United States passed 1,000 deaths total countrywide. There are now over 470,000 cases globally with some 21,000 deaths and 114,444 recovered, according to a monitor run by the John Hopkins Coronavirus Resource Centre.
House Speaker and Democrat chief Nancy Pelosi told reporters earlier that there will be a “good debate” over the largest economic aid bill in U.S. history that aims to bring relief to individuals, small businesses and large corporations.
H.R. 748, known as the Cares Act, will provide one-time direct payments to U.S. residents at $1,200 per adult making up to $75,000 a year and $2,400 to married couples making up to $150,000, plus $500 payments per child.