Senate Minority Schumer and Treasury Secretary Steven Mnuchin are on the cusp of a deal
- after settling disagreements over relief for the airline industry, beefed-up unemployment benefits and money for hospitals.
Vote is expected as soon as Tuesday.
More:
- $25 billion in grants to U.S. airlines and $4 billion for cargo air carriers, according to text excerpt of the emerging deal.
- Schumer is still waiting on written language from Mnuchin limiting stock buybacks and executive compensation for companies that accept billions of dollars in assistance from U.S. taxpayers.
- emerging deal would provide bumped-up unemployment benefits for four months
- $100 billion in funding for hospitals, $25 billion more than the proposal drafted in recent days by Republicans
- $30 billion for care of people who fall ill from COVID-19
- also expected to provide $200 billion for various "domestic priorities."
more at that link, above