Home Top Story Democrats Block Senate Coronavirus Bill, Calling It A ‘Corporate Bailout’

Democrats Block Senate Coronavirus Bill, Calling It A ‘Corporate Bailout’

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Democrats Block Senate Coronavirus Bill, Calling It A ‘Corporate Bailout’
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Democrats are raising serious concerns about the Senate’s massive emergency legislation aimed at propping up the economy and giving relief to workers hit hard by the growing coronavirus pandemic, saying it’s tilted too far in favor of Wall Street and big corporations.

Senate Majority Leader Mitch McConnell (R-Ky.) attempted to advance the bill on Sunday evening, emphasizing the need to move quickly to help those who have been laid off during the crisis. He said both sides had ample time to reach a deal on outstanding issues before a final vote on Monday. But Democrats unanimously blocked the measure over its provisions allowing the Trump administration to lend hundreds of billions of dollars to major industries like hotels, casinos, cruise lines, and oil and gas.

Read the rest of the story at HuffPost.