Washington DC – A Trillion Dollar Aid Package Not Passed In US Senate. The United States Senate could not pass a proposal of a trillion dollar aid package. It was to help businesses and economy under effect by the coronavirus pandemic.
According to details, a trillion-dollar Senate proposal to rescue the reeling US economy crashed. After receiving zero support from Democrats, who said the Republican proposal failed to sufficiently help millions of Americans devastated by the coronavirus crisis.
The bill proposed up to $2 trillion in funding for American families. Thousands of shuttered or suffering businesses and the nation’s critically under-equipped hospitals. It was fail by a 47-47 vote when it needed 60 to pass. All of this despite intense negotiations between Republicans, Democrats and White House administration. A Trillion Dollar Aid Package Not Passed In US Senate.
The shock result is almost certain to have a profound effect on stock markets when they open on Monday. The result also heaps major pressure on Congress to come together and green-light a federal government intervention in time.