The US Senate has approved a bipartisan, USD 480 billion emergency package that replenishes a depleted program to help devastated small businesses, funds hospitals and ramps up nationwide testing during the coronavirus crisis.
The measure, which passed by unanimous consent after more than a week of negotiations between Democrats, Republicans and the White House, now heads to the House of Representatives where a vote could occur as early as Thursday.
The effort is the government's latest massive cash injection to prop up a collapsing economy amid struggles to contain a pandemic that has killed 43,000 Americans and left some 22 million people jobless.
Disclaimer: No Business Standard Journalist was involved in creation of this content