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Next round of U.S. coronavirus aid could cost well over $1 trillion as talks stall

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globalnews.ca

COVID-19 aid package could quickly swell above $1 trillion as White House officials negotiate with Congress over money to reopen schools, prop up small businesses, boost virus testing and keep cash flowing to Americans while the virus crisis deepens in the U.S.Senate Majority Leader Mitch McConnell on Tuesday promised a new round of direct payments to earners below a certain income level, similar to the $1,200 checks sent in the spring.

President Donald Trump insists on a payroll tax holiday for workers. And Democrats want billions to outfit schools and shore up local governments.

Trump changes tone on coronavirus, says things will get worse before it gets better “Regretfully, this is not over,” McConnell said after a raucous private GOP.

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