March 25, 2020 / 12:35 PM / 10 days ago

Schumer: help for health system, local governments in coronavirus package

WASHINGTON (Reuters) - Senate Democratic leader Chuck Schumer said on Wednesday the coronavirus legislation deal agreed to in the Senate includes $130 billion for the U.S. health care system and $150 billion to help state and local governments deal with the pandemic.

Republicans and Democrats agreed on the $2 trillion bipartisan package early on Wednesday, which Schumer said also included strong oversight of large loans to corporations made by the U.S. Treasury. [nL1N2BI04K] “We have greatly strengthened the bill and we’re proud of what we’ve done,” Schumer said in an interview with CNN.

Reporting by Doina Chiacu; editing by Louise Heavens

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