The bill passed by a vote of 96 to 0, showing unanimous bipartisan support for the bill.
The vote ends days of deadlock and debate over provisions for American people and businesses
It’s now sent to the House Of Representatives for the next stage of debate.
The emergency legislation is the largest economic relief bill in US history.
The package is expected to provide one-time direct payments to Americans of $1,200 per adult making up to $75,000 a year.
The payments extend to $2,400 to a married couple making up to $150,000, with $500 payments per child.
The benefit is reduced by $5 for each $100 the taxpayer makes, assisting poorer workers.
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The legislation is the product of crisis compromise between a bitterly divided political system in America.
House Speaker Nancy Pelosi has said that the House of Representatives vote will be “a good debate on the floor.”
Speaking to CNN’s Wolf Blitzer on Wednesday about fears the bill doesn’t go far enough, she said: What is important is for us to recognize the good that is in the bill, appreciate it for what it does. Don’t judge it for what it doesn’t because we have more bills to come,
“At the start of all this we had two bills, which were about emergencies … and the emergency isn’t over, but the focus was on those two bills. Now we’re mitigating for the damage of it all to the health and to the livelihood of the American people,
She added: “That is in this bill. And then we will go forward for recovery. Emergency, mitigation, recovery.
”And again all along the way still addressing the emergency and mitigation needs by focusing on how we build the economy in a positive way as we meet the health needs of the American people.”
She has said she’s “very pleased (…) congressional Democrats were able to turn upside down the bill that was presented at the beginning of the weekend.
“It was a trickle-down, corporate bill. It is now a bubble-up, workers bill and we’re very proud of that.”
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The package is intended as relief for an economy falling fast into recession.
This comes along with America facing a devastating toll from an infection that’s killed nearly 20,000 people worldwide.
Treasury Secretary Steven Mnuchin is reticent to allow the unprecedented aid to continue for too long, as the bill costs half the annual federal budget.
He said: “We’ve anticipated three months. Hopefully, we won’t need this for three months.”
The US currently has 64’180 cases of Coronavirus based on available testing.
As of Thursday, 897 have died after contracting the virus.
New York remains the most afflicted state, with its dense population leading to over 30’000 cases.
Michigan, California and Washington are all around the 2’500 mark, as the pandemic rages across the US.
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