Senate & White House reach deal on $2tn coronavirus rescue package

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US Senators and White House negotiators have reached agreement on the biggest economic stimulus plan in US history.

The $2 trillion package of measures is designed to support families and businesses that are struggling because of the coronavirus outbreak.

“At last, we have a deal,” Senate Majority Leader Mitch McConnell said, citing the massive “wartime level of investment into our nation”.

“We have a bipartisan agreement on the largest rescue package in American history,” top Senate Democrat Chuck Schumer said shortly after Mr McConnell spoke.

“So many people are being put out of work through no fault of their own. They don’t know what their future is going to be like, how are they going to pay the bills,” Mr Schumer added.

“Well, we come to their rescue.”

The Senate and House of Representatives still need to pass the legislation before sending it to President Donald Trump for his signature.

-Noah Harte